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PSX Technical Signal Weekly Freemium

NBP National Bank of Pakistan

NBP: Short term analysis 15th Oct. 2026

By Admin Active

Chart: NBP: Short term analysis 15th Oct. 2026
NBP · Weekly Open full size
Signal slip Weekly
NBP ▲ Buy
Entry 154.00
Stop loss 134.50
Target 1 176.00
Target 2 190.00

Trading inside a descending wedge on weekly chart

Our Pivot: 134.50

Our Preference: Start buying above 154 and average it out till 148 with strict stop loss of 134.50 and profit target at 176 with extension towards 190.

Alternate Scenario: Downward penetration below 134.50 will call for 118.

TECH NOTE: NBP is trading inside a descending wedge on weekly chart and being supported by a rising trendline along with a horizontal supportive region at its major correction level

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