PSX · FERTILIZER
EFERT Descending Triangle forming — 30 Min chart signal
Engro Fertilizers Limited
30 Min 14 Oct 2026 · 10:00 PKT
Close
191.00
▼ 0.11%
Descending Triangle forming
Chart pattern Against the trend
EFERT is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 12.7x ATR wide at the start.
Upper line 191.73, lower line 190.12. The pattern favours a downside resolution: a 30-minute close above 191.88 confirms an upside breakout, a close below 189.97 a downside break.
Structure: bullish external, bullish internal (strong low 180.01). Nearest demand OB 186.51 - 186.99, supply OB 201.96 - 202.50.