PSX · TEXTILE SPINNING · 30 Min
TATM Bear Flag forming
Tata Textile Mills Limited · 13 Nov 2026 · 15:00 PKT
▼ Bearish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 141.75
- ▲ 0.32%
- Upper line
- 144.28
- +1.8%
- Lower line
- 141.40
- -0.2%
- ATR
- 1.67
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
TATM is building a bear flag after a 10.50 drop (6.3x ATR) on the 30-minute chart.
The flag channel runs between 141.40 and 144.28. A 30-minute close below 141.07 signals continuation towards 130.90; a close above 144.28 fails the pattern.
Structure: bullish external, bearish internal (strong low 125.00). Nearest supply OB 157.10 - 160.97.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 144.28 (+1.8%) would be an upside breakout.
- 3 A 30 min close below 141.40 (-0.2%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the bear flag
A bear flag is a sharp fall (the pole) followed by a short, gently rising channel (the flag); a break below the flag usually resumes the fall.
- Confirmation
- A close below the flag's lower line.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the flag's upper line.