PSX · AUTOMOBILE PARTS & ACCESSORIES
PTL Head & Shoulders breakdown — 1 Hour chart signal
Panther Tyres Ltd.
1 Hour 13 Oct 2026 · 09:30 PKT
Close
46.90
▼ 4.09%
Head & Shoulders breakdown
Pattern breakout With the trend
PTL broke below its head & shoulders on the hourly close at 46.90.
Projected target 42.39 (-9.6%). The pattern is invalidated beyond 50.49 (+7.7%), a reward-to-risk of about 1.3 : 1.
Structure: bearish external, bearish internal (strong high 60.50). Nearest supply OB 48.65 - 49.70.
More for PTL
PTL company page →Bearish break of structure
PTL closed below the external swing low at 46.55 from 11 Sep 09:30 - the bearish trend continues.
14 Oct 2026 · 09:30 PKT Market structure · BOS
Bearish break of structure
PTL closed below the external swing low at 46.55 from 11 Sep 09:30 - the bearish trend continues.
13 Oct 2026 · 11:30 PKT Market structure · BOS
Bearish break of structure
PTL closed below the external swing low at 47.00 from 11 Mar 08:30 - the bearish trend continues.
13 Oct 2026 · 09:30 PKT Market structure · BOS
Head & Shoulders forming
PTL has completed a head & shoulders on the hourly chart with the head at 51.90 and the neckline at 47.21.
12 Oct 2026 · 13:30 PKT Chart pattern