PSX · POWER GENERATION & DISTRIBUTION · 30 Min
NPL Bear Flag breakdown
Nishat Power Limited · 03 Nov 2026 · 12:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 50.31 on the breakout. Target 46.36, invalidation 51.60.
Trade plan
● Active- Close
- 50.31
- ▼ 1.16%
- Target
- 46.36
- -7.9%
- Invalidation
- 51.60
- +2.6%
RiskReward
- Reward : risk
- 3.1 : 1
- ATR
- 0.56
- Price now
- 49.80 -1.0%
Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
NPL broke below its bear flag on the 30-minute close at 50.31.
Projected target 46.36 (-7.9%). The pattern is invalidated beyond 51.60 (+2.6%), a reward-to-risk of about 3.1 : 1.
Structure: bearish external, bullish internal (strong high 58.80). Nearest demand OB 50.20 - 50.90, supply OB 52.61 - 53.48.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 50.31.
- 2 The target, 46.36 (-7.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 51.60 (+2.6%), cancels the setup.
- 4 Reward : risk is 3.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the bear flag
A bear flag is a sharp fall (the pole) followed by a short, gently rising channel (the flag); a break below the flag usually resumes the fall.
- Confirmation
- A close below the flag's lower line.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the flag's upper line.