PSX · SUGAR & ALLIED INDUSTRIES
BAFS Bull Pennant forming — 1 Hour chart signal
Baba Farid Sugar Mills Limited
1 Hour 09 Oct 2026 · 15:30 PKT
Close
451.00
▲ 0.22%
Bull Pennant forming
Chart pattern With the trend
BAFS is building a bull pennant after a 71.85 rally (5.2x ATR) on the hourly chart.
The flag channel runs between 451.43 and 465.56. A hourly close above 468.33 signals continuation towards 537.41; a close below 451.43 fails the pattern.
Structure: bullish external, bullish internal (strong low 390.00). Nearest demand OB 300.00 - 310.00, supply OB 549.00 - 559.99.
More for BAFS
BAFS company page →Head & Shoulders forming
BAFS has completed a head & shoulders on the daily chart with the head at 647.00 and the neckline at 402.18.
13 Oct 2026 Chart pattern
Bull Flag breakout
BAFS broke above its bull flag on the 30-minute close at 464.98.
09 Oct 2026 · 10:00 PKT Pattern breakout