PSX · COMMERCIAL BANKS
BML Bull Flag forming — 1 Hour chart signal
Bank Makramah Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
57.75
▼ 0.43%
Bull Flag forming
Chart pattern Against the trend
BML is building a bull flag after a 8.25 rally (5.8x ATR) on the hourly chart.
The flag channel runs between 56.23 and 58.62. A hourly close above 58.91 signals continuation towards 66.87; a close below 56.23 fails the pattern. Still active - first identified on 09 Oct 2026 09:30.
Structure: bearish external, bullish internal (strong high 60.00). Nearest demand OB 52.22 - 54.49, supply OB 66.10 - 68.90.