AKBL Askari Bank Limited Analysis 26 Sep 2013
Upside Prevails
Our Pivots: 12.20
Our Preference:Buy AKBL above 13.20 and 13.45 with strict stop loss of 12.20 and profit target at 15.12 and extension towards 15.94
Alternate Scenario: Downward Penetration of 12.20 will call for 11.26
NOTE: AKBL is moving in a downward price channel and now is moving back to retest its resistance at 15.12 so its recommended to buy it above 13.45
Recommendations:
For New Entries (Buy Above 13.20 and 13.45)
For Existing Holders (Hold till 15.12)
Weekly Chart with Supports and Resistance:
3 COMMENTS
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.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.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.LEAVE A COMMENT