ATRL Attock Refinery Short term analysis 5th June 2020

Under Pressure

Our Pivot: 95.00

Our Preference: Start short selling ATRL from current price and average it out till 92.78 with strict stop loss of 95.00 and profit target at 87.60 and 87.00.

Alternate Scenario: Upward penetration of 95.00 will call for 97.60 ad 101.

NOTE: ATRL have given breakout of its rising wedge in downward direction on daily chart and right now its being capped by a strong descending trend line.

Daily chart with Supports & 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

91.03

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	89.89	88.74	87.89
Resistances	91.89	92.74	93.89

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