PSX · POWER GENERATION & DISTRIBUTION
SEL Inverse Head & Shoulders forming — Daily chart signal
Sitara Energy Limited
Daily 08 Oct 2026
Close
25.60
▲ 2.69%
Inverse Head & Shoulders forming
Chart pattern With the trend
SEL has completed an inverse head & shoulders on the daily chart with the head at 22.00 and the neckline at 34.16.
The pattern is confirmed by a daily close above 34.52. The measured move from the neckline points to 52.77 (+54.5%). A close beyond the head at 22.00 cancels it. Still active - first identified on 22 May 2026.
Structure: bullish external, bullish internal (strong low 5.60). Nearest demand OB 17.25 - 18.90.