ATRL Attock Refinery Short Term Analysis 5 Jan. 2018

Rebound Insight

Our Pivot: 247.50

Our Preference: Buy above 251 with strict stop loss of 247.50 and profit target at 264.00 and 267.00.

Alternate Scenario: Downward penetration of 247.50 would call for 235.00.

NOTE: ATRL have given breakout of a triangle on hourly chart so now its going to expand the said triangle.

Daily chart with supports and resistances: