ATRL Attock Refinery Limited Short Term Analysis 6th Mar. 2020

Turning Down

Our Pivot: 104.78

Our Preference: Start short selling ATRL below 99 and average it out till 101.30 with strict stop loss of 104.78 and profit target at 89.60 and 87.50.

Alternate Scenario: Upward penetration of 104.78 will call for 108.80.

NOTE: ATRL is being capped by a descending trend line along with a strong horizontal resistant region, mean while daily momentum indicators are changing their directions towards bearish side.

Daily Chart with Supports and Resistances:

ATRL 35

Overview

Quick Snapshot

Free Float

42,646,500

O/S Shares

106,616,250

Market Cap. (m)

0.00

Var Value

14.50

Hair Cut

17.50

Last Price

97.19

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	94.31	91.43	88.86
Resistances	99.76	102.33	105.21

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

29.78

23.30

QTD Price Return

29.78

23.30

3M Price Return

-0.42

-0.27

6M Price Return

-21.52

-12.02

9M Price Return

-94.22

-37.42

YTD Price Return

13.05

9.03

1Y Price Return

-96.41

-37.96

3Y Price Return

45.78

40.95

5Y Price Return

-160.11

-50.40