PSX · GLASS & CERAMICS
GVGL Falling Wedge forming — 30 Min chart signal
Ghani Value Glass Limited
30 Min 16 Oct 2026 · 09:30 PKT
Close
52.95
▼ 0.06%
Falling Wedge forming
Chart pattern With the trend
GVGL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 9.0x ATR wide at the start.
Upper line 51.35, lower line 50.03. The pattern favours an upside resolution: a 30-minute close above 51.46 confirms an upside breakout, a close below 49.92 a downside break.
Structure: bullish external, bullish internal (strong low 43.65). Nearest demand OB 50.12 - 50.54.