AKBL Askari Bank Limited Analysis 13 Nov. 2014

Downside Prevails Our Pivot:23.62  Our Preference: Short Sell from Current Price with Strict stop loss of 23.62 and profit target at 21.49. Alternate Scenario: Upward penetration of 23.62 will call for 24.51. NOTE: AKBL Prices are capped by a resistant trend line. Weekly stochastic and MAORSI are also indicating a downard reversal in AKBL so its recommended to initiate new selling in AKBL. Recommendations: Start short selling from current price with targets at 21.49.

Historical Price Statistics of AKBL:


Daily Chart with Supports and Resistances: AKBLD13112014

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Share Post:
reply

John Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.
reply

Diana Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.
reply

Melissa Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Peter Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.


Explore