ATRL Attock Refinery short-term Analysis 5th Sep. 2018

Share Post:

Rebound Insight

Our Preference: Start buying ATRL above 205 with strict stop loss of 199.60 and profit target at 210.30 and 215 with extension towards 219.

Alternate Scenario: Downward penetration of 199.60 will call for 194.30 and 189.

NOTE: ATRL is caged in a triangle on daily chart and right now it's bouncing back after getting support from a horizontal supportive region along with a supportive trend line. As it had not closed below 204 during last two trading sessions and have maintained its supportive region therefore now it would try to penetrate its resistance at 210.30 after a dip during current trading session. Hourly closing above 210.30 will call for 215 for completion of its last gap. 

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

174.23

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports171.17168.11166.10
Resistances176.24178.25181.31
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

Explore