ATRL Attock Refinery Short Term Analysis 6th Aug. 2020

Further Advance

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ATRL Chart Illustration by CapitalMarkets

Further Advance

Our Pivot: 138

Our Preference: Start buying ATRL above 142.00 and average it out till 140 with strict stop loss of 138 and profit target at 150 with extension towards 155.

Alternate Scenario: Downward penetration of 138 will call for 133.

NOTE: ATRL is being supported by a rising trend line after completing its correction on hourly chart.

Hourly chart with supports and Resistances:

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