ATRL Attock Refinery Limited Analysis 06 June 2013
Downside prevails
Our Pivots: 200.65
Our Preference: Short Sell below 198.72 with strict stop loss of 200.65 and profit target at 189.63 and 178.15
Alternative Scenario: Upward penetration of 200.65 will call for 204.45
NOTE: ATRL prices are moving in a downward channel on weekly bases and are not becoming able to recover from its 61% Correction wich can become a dangerous sign for Bulls in ATRL. It have started a reversal and now is heading towards 189.63.
Recommendations:
For New Entries ( Short Sell below 198.72)
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