TRG The Resources Group of Pakistan Short Term Analysis 12 Feb. 2019

Rebound Insight

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TRG Chart Illustration by CapitalMarkets

Rebound Insight

Our Pivot: 24.40

Our Preference: Buy TRG above 25.45 and average it out till 24.80 with strict stop loss of 24.40 and profit target at 26.60 and 27.14.

Alternate Scenario: Downward penetration of 24.40 will call for 23.60 and 22.80.

NOTE: TRG is going to find support at a horizontal supportive region.

Daily Chart with Supports and Resistances:

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