TRG TRG Pakistan Intraday Analysis 1st Oct. 2018

Rebound Insight

Our Pivot: 26.50

Our Preference: Start buying above 27.23 with strict stop loss of 26.50 and profit target at 28.64 and  29.00.

Alternate Scenario: Downward breakout of 26.50 will call for 26.08.

NOTE: TRG is getting support from a rising trend line . Momentum indicators are trying to generate bullish crossovers and if they would succeed then a sharp pullback would be witnessed in it.

Hourly Chart with Supports and Resistances: