PSX · INV. BANKS / INV. COS. / SECURITIES COS.
DEL Falling Wedge forming — 30 Min chart signal
Dawood Equities Limited
30 Min 13 Oct 2026 · 13:00 PKT
Close
16.36
▼ 0.85%
Falling Wedge forming
Chart pattern Against the trend
DEL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 7.4x ATR wide at the start.
Upper line 16.70, lower line 16.00. The pattern favours an upside resolution: a 30-minute close above 16.73 confirms an upside breakout, a close below 15.97 a downside break.
Structure: bearish external, bearish internal (strong high 26.74). Nearest supply OB 18.87 - 19.00.
More for DEL
DEL company page →Falling Wedge breakout
DEL broke above its falling wedge on the 30-minute close at 16.81.
12 Oct 2026 · 09:30 PKT Pattern breakout
Falling Wedge forming
DEL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 9.0x ATR wide at the start.
12 Oct 2026 · 09:30 PKT Chart pattern