PSX · TEXTILE COMPOSITE
GFIL Inverse Head & Shoulders forming — 30 Min chart signal
Ghazi Fabrics International Limited
30 Min 13 Oct 2026 · 10:30 PKT
Close
27.50
▲ 0.00%
Inverse Head & Shoulders forming
Chart pattern Against the trend
GFIL has completed an inverse head & shoulders on the 30-minute chart with the head at 23.61 and the neckline at 29.78.
The pattern is confirmed by a 30-minute close above 29.89. The measured move from the neckline points to 34.76 (+16.7%). A close beyond the head at 23.61 cancels it.
Structure: bearish external, bullish internal (strong high 35.18). Nearest demand OB 24.75 - 24.79, supply OB 28.99 - 29.03.