PSX · AUTOMOBILE ASSEMBLER
GAL Falling Wedge forming — 30 Min chart signal
Ghandhara Automobiles Limited
30 Min 16 Oct 2026 · 09:30 PKT
Close
489.02
▲ 0.83%
Falling Wedge forming
Chart pattern Against the trend
GAL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 12.1x ATR wide at the start.
Upper line 480.30, lower line 476.26. The pattern favours an upside resolution: a 30-minute close above 480.93 confirms an upside breakout, a close below 475.63 a downside break.
Structure: bearish external, bullish internal (strong high 496.10). Nearest demand OB 482.90 - 484.99, supply OB 498.01 - 503.00.
More for GAL
GAL company page →Falling Wedge breakout
GAL broke above its falling wedge on the 30-minute close at 489.02.
16 Oct 2026 · 09:30 PKT Pattern breakout
Falling Wedge breakout
GAL broke above its falling wedge on the 30-minute close at 484.00.
15 Oct 2026 · 13:00 PKT Pattern breakout
Bearish break of structure
GAL closed below the external swing low at 490.00 from 06 Oct 11:30 - the bearish trend continues.
12 Oct 2026 · 10:00 PKT Market structure · BOS
Bearish break of structure
GAL closed below the external swing low at 490.00 from 06 Oct 11:30 - the bearish trend continues.
12 Oct 2026 · 09:30 PKT Market structure · BOS