PSX · TEXTILE SPINNING
KSTM Bear Flag forming — 30 Min chart signal
Khalid Siraj Textile Mills Limited
30 Min 16 Oct 2026 · 10:00 PKT
Close
13.49
▼ 1.89%
Bear Flag forming
Chart pattern Against the trend
KSTM is building a bear flag after a 2.22 drop (6.8x ATR) on the 30-minute chart.
The flag channel runs between 13.44 and 14.00. A 30-minute close below 13.37 signals continuation towards 11.22; a close above 14.00 fails the pattern.
Structure: bullish external, bearish internal (strong low 11.63). Nearest demand OB 9.90 - 10.00, supply OB 14.12 - 14.47.