PSX · COMMERCIAL BANKS
BAFL Head & Shoulders breakdown — 1 Hour chart signal
Bank Alfalah Limited
1 Hour 12 Oct 2026 · 10:30 PKT
Close
55.30
▼ 0.79%
Head & Shoulders breakdown
Pattern breakout Against the trend
BAFL broke below its head & shoulders on the hourly close at 55.30.
Projected target 53.15 (-3.9%). The pattern is invalidated beyond 57.05 (+3.2%), a reward-to-risk of about 1.2 : 1.
Structure: bullish external, bearish internal (strong low 50.65). Nearest demand OB 53.95 - 54.70, supply OB 56.75 - 57.00.
More for BAFL
BAFL company page →Head & Shoulders forming
BAFL has completed a head & shoulders on the hourly chart with the head at 58.24 and the neckline at 55.79.
09 Oct 2026 · 11:30 PKT Chart pattern
Head & Shoulders forming
BAFL has completed a head & shoulders on the 30-minute chart with the head at 58.24 and the neckline at 55.46.
09 Oct 2026 · 11:30 PKT Chart pattern