PSX · OIL & GAS MARKETING COMPANIES
BPL Falling Wedge forming — 30 Min chart signal
Burshane LPG (Pakistan) Limited
30 Min 15 Oct 2026 · 15:00 PKT
Close
46.96
▲ 0.99%
Falling Wedge forming
Chart pattern Against the trend
BPL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 10.4x ATR wide at the start.
Upper line 44.53, lower line 44.81. The pattern favours an upside resolution: a 30-minute close above 44.65 confirms an upside breakout, a close below 44.69 a downside break.
Structure: bearish external, bearish internal (strong high 50.19). Nearest demand OB 43.00 - 44.40, supply OB 51.32 - 51.90.
More for BPL
BPL company page →Falling Wedge breakout
BPL broke above its falling wedge on the 30-minute close at 46.96.
15 Oct 2026 · 15:00 PKT Pattern breakout
Bearish break of structure
BPL closed below the external swing low at 46.70 from 06 Oct 14:00 - the bearish trend continues.
12 Oct 2026 · 10:00 PKT Market structure · BOS