ATRL Attock Refinery Short Term Analysis 7th Jul. 2020

Further Advance

Our Pivot: 97.00

Our Preference: Start buying ATRL from current price and average it out till 99.60 with strict stop loss of 97 and profit target at 105.80 and 106.50.

Alternate Scenario: Downward penetration of 97.00 will call for 93.25 and 92.60.

NOTE: ATRL have succeeded in giving breakout of its two major resistant regions in upward direction and now in expansion mode of its last correction.

Daily chart with supports & resistances: