PSX · TEXTILE SPINNING

SHDT Bull Flag forming — 1 Hour chart signal

Shadab Textile Mills Limited

1 Hour 15 Oct 2026 · 14:30 PKT

46.94

▲ 1.51%

▲ Bullish

Bull Flag forming

Chart pattern Against the trend

SHDT is building a bull flag after a 5.50 rally (5.3x ATR) on the hourly chart.

The flag channel runs between 45.43 and 47.50. A hourly close above 47.71 signals continuation towards 53.00; a close below 45.43 fails the pattern.

Structure: bearish external, bullish internal (strong high 64.00). Nearest demand OB 43.10 - 43.98, supply OB 49.00 - 49.80.

Levels 1 Hour

SHDT company page →

SHDT is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 8.6x ATR wide at the start.

12 Oct 2026 · 09:30 PKT Chart pattern