PSX · SUGAR & ALLIED INDUSTRIES
HABSM Bull Pennant forming — 30 Min chart signal
Habib Sugar Mills Limited
30 Min 09 Oct 2026 · 14:30 PKT
Close
80.10
▲ 0.13%
Bull Pennant forming
Chart pattern With the trend
HABSM is building a bull pennant after a 4.45 rally (9.5x ATR) on the 30-minute chart.
The flag channel runs between 80.05 and 80.48. A 30-minute close above 80.57 signals continuation towards 84.93; a close below 80.05 fails the pattern.
Structure: bullish external, bearish internal (strong low 70.00). Nearest demand OB 64.84 - 65.00.