HBL Habib Bank Short term analysis 11th Jun. 2020

Further Advance

Our Pivot: 99.80

Our Preference: Start buying HBL above 103.90 and average it out till 102.50 with strict stop loss of 99.80 and profit target at 109.

Alternate Scenario: Downward penetration of 99.80 will call for 95.50.

NOTE: HBL is going to break its daily triangle in upward direction.

Daily chart with supports & resistances: