PSX · POWER GENERATION & DISTRIBUTION
NPL Descending Triangle forming — 30 Min chart signal
Nishat Power Limited
30 Min 15 Oct 2026 · 12:00 PKT
Close
53.05
▲ 0.72%
Descending Triangle forming
Chart pattern With the trend
NPL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 10.0x ATR wide at the start.
Upper line 52.89, lower line 51.39. The pattern favours a downside resolution: a 30-minute close above 53.00 confirms an upside breakout, a close below 51.28 a downside break.
Structure: bearish external, bullish internal (strong high 57.54). Nearest supply OB 53.70 - 54.09.
More for NPL
NPL company page →Descending Triangle breakout
NPL broke above its descending triangle on the 30-minute close at 52.70.
15 Oct 2026 · 15:00 PKT Pattern breakout
Descending Triangle breakout
NPL broke above its descending triangle on the 30-minute close at 53.05.
15 Oct 2026 · 12:00 PKT Pattern breakout
Bearish break of structure
NPL closed below the external swing low at 52.10 from 08 Oct 09:30 - the bearish trend continues.
14 Oct 2026 · 09:30 PKT Market structure · BOS
Bearish break of structure
NPL closed below the external swing low at 52.77 from 06 Oct 11:30 - the bearish trend continues.
13 Oct 2026 · 14:30 PKT Market structure · BOS