ATRL Attock Refinery Short Term Analysis 23rd Jun. 2020

Further Advance

Our Pivot: 85.00

Our Preference: Start buying from current price and average it out till 87 with strict stop loss of 85 and profit target at 91.30 with extension towards 93.00.

Alternate Scenario: Downward penetration of 85.00 will call for 81 and 78.

NOTE: ATRL have bounced back after getting support from a supportive trend line and chances of a daily morning star have become evident.

Hourly Chart with Supports & Resistances: