PSX · TEXTILE SPINNING · 30 Min
TATM Bear Flag breakdown
Tata Textile Mills Limited · 13 Nov 2026 · 15:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 140.50 on the breakout. Target 131.10, invalidation 144.13.
Trade plan
● Active- Close
- 140.50
- ▼ 0.88%
- Target
- 131.10
- -6.7%
- Invalidation
- 144.13
- +2.6%
RiskReward
- Reward : risk
- 2.6 : 1
- ATR
- 1.67
- Price now
- 141.00 +0.4%
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
TATM broke below its bear flag on the 30-minute close at 140.50.
Projected target 131.10 (-6.7%). The pattern is invalidated beyond 144.13 (+2.6%), a reward-to-risk of about 2.6 : 1.
Structure: bullish external, bearish internal (strong low 125.00). Nearest supply OB 157.10 - 160.97.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 140.50.
- 2 The target, 131.10 (-6.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 144.13 (+2.6%), cancels the setup.
- 4 Reward : risk is 2.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.