PSX · PHARMACEUTICALS
HPL Descending Triangle forming — 30 Min chart signal
Hoechst Pakistan Limited
30 Min 15 Oct 2026 · 09:30 PKT
Close
4,070.00
▲ 2.13%
Descending Triangle forming
Chart pattern Against the trend
HPL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 10.0x ATR wide at the start.
Upper line 3,983.35, lower line 3,939.03. The pattern favours a downside resolution: a 30-minute close above 3,987.25 confirms an upside breakout, a close below 3,935.13 a downside break.
Structure: bullish external, bearish internal (strong low 3,602.00). Nearest supply OB 4,512.91 - 4,650.00.
More for HPL
HPL company page →Descending Triangle breakout
HPL broke above its descending triangle on the 30-minute close at 4,040.00.
15 Oct 2026 · 10:30 PKT Pattern breakout
Descending Triangle breakout
HPL broke above its descending triangle on the 30-minute close at 4,070.00.
15 Oct 2026 · 09:30 PKT Pattern breakout
Descending Triangle breakout
HPL broke above its descending triangle on the 30-minute close at 4,070.00.
15 Oct 2026 · 09:30 PKT Pattern breakout
Descending Triangle forming
HPL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 14.5x ATR wide at the start.
14 Oct 2026 · 11:00 PKT Chart pattern