Downside Prevails Our Pivot:23.62 Our Preference: Short Sell from Current Price with Strict stop loss of 23.62 and profit target at 21.49. Alternate Scenario: Upward penetration of 23.62 will call for 24.51. NOTE: AKBL Prices are capped by a resistant trend line. Weekly stochastic and MAORSI are also indicating a downard reversal […]Read more ›
Post Tagged with: "Askari Bank Technical Analysis"
Rebound Insight Our Pivot: 16.36 Our Preference: Short Sell AKBL Between 14.00 and 14.70 and Averages till 15.10 with a strict stop loss of 16.36 and profit target at 11.55 Alternate Scenario: Upward Penetration of 16.36 will call for 19.20 NOTE: AKBL is getting strong resistance from its 100 weeks moving […]Read more ›
Rebound Insight Our Pivot: 10.46 Our Preference:Buy AKBL above 11.16 till 10.82 with a strict stop loss of 10.46 and profit target at 12.79 and 14.13 Alternate Scenario: Downward Penetration of 10.46 will call for 9.60 NOTE: AKBL is moving in a downward trend channel is getting strong support from its […]Read more ›