PSX · TEXTILE COMPOSITE
MSOT Head & Shoulders forming — 1 Hour chart signal
Masood Textile Mills Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
193.62
▲ 0.57%
Head & Shoulders forming
Chart pattern Against the trend
MSOT has completed a head & shoulders on the hourly chart with the head at 205.00 and the neckline at 170.22.
The pattern is confirmed by a hourly close below 169.38. The measured move from the neckline points to 135.28 (-20.5%). A close beyond the head at 205.00 cancels it. Still active - first identified on 02 Oct 2026 09:30.
Structure: bullish external, bullish internal (strong low 142.00). Nearest demand OB 184.60 - 190.59.