PSX · AUTOMOBILE ASSEMBLER
MTL Inverse Head & Shoulders forming — 30 Min chart signal
Millat Tractors Limited
30 Min 09 Oct 2026 · 11:30 PKT
Close
298.20
▲ 0.07%
Inverse Head & Shoulders forming
Chart pattern With the trend
MTL has completed an inverse head & shoulders on the 30-minute chart with the head at 271.01 and the neckline at 304.15.
The pattern is confirmed by a 30-minute close above 304.31. The measured move from the neckline points to 334.71 (+10.0%). A close beyond the head at 271.01 cancels it. Still active - first identified on 02 Oct 2026 14:30.
Structure: bullish external, bullish internal (strong low 292.11). Nearest demand OB 269.00 - 270.50.