PSX · GLASS & CERAMICS
TGL Inverse Head & Shoulders forming — 1 Hour chart signal
Tariq Glass Industries Limited
1 Hour 15 Oct 2026 · 13:30 PKT
Close
159.85
▲ 1.17%
Inverse Head & Shoulders forming
Chart pattern Against the trend
TGL has completed an inverse head & shoulders on the hourly chart with the head at 150.10 and the neckline at 165.61.
The pattern is confirmed by a hourly close above 165.99. The measured move from the neckline points to 177.86 (+7.4%). A close beyond the head at 150.10 cancels it.
Structure: bearish external, bearish internal (strong high 237.00). Nearest supply OB 167.01 - 168.98.