"BAFL" Bank Al-Fallah Limited Mid-Term Analysis 20 Feb 2013

BAFL

"BAFL" Bank Alfallah Limited under pressure Our Prefrences: Short position below 19.16 with target 17.90 and 17.58 Alternative Scenario:  upside breakage of 19.16 will open way to 22.15 Note: BAFL is moving in upward channel and now is capped by upper band of channel at 19.16 and coming to take a short term correction,  For Buying side as long as 17.08 is support BAFL can be bought on intraday basis.

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John Doe

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Diana Doe

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Melissa Doe

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Peter Doe

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