PSX · INSURANCE
IGIHL Ascending Triangle breakdown — 1 Hour chart signal
IGI Holdings Limited
1 Hour 09 Oct 2026 · 15:30 PKT
Close
251.90
▼ 1.60%
Ascending Triangle breakdown
Pattern breakout With the trend
IGIHL broke below its ascending triangle on the hourly close at 251.90.
Projected target 238.88 (-5.2%). The pattern is invalidated beyond 261.00 (+3.6%), a reward-to-risk of about 1.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 324.24). Nearest demand OB 201.50 - 204.00, supply OB 252.00 - 260.00.