ATRL Attock Refinery Short-Trem Analysis 10 Jan 2019

Upside Prevails

Our Pivot: 127

Our Preference: Buy ATRL above 134 with strict stop loss of 127 and profit target at 147 and 150.

Alternate Scenario: Downward penetration of 127 will call for 122 and 116 with extension towards 110.

NOTE: ATRL is being supported by a rising trend line along with a horizontal supportive region. Intraday momentum indicators are in bullish mode.

Chart with Supports and Resistances: