PSX · ENGINEERING
MUGHAL Bull Flag forming — 30 Min chart signal
Mughal Iron & Steel Industries Limited
30 Min 13 Oct 2026 · 10:00 PKT
Close
67.24
▲ 0.83%
Bull Flag forming
Chart pattern Against the trend
MUGHAL is building a bull flag after a 4.89 rally (7.7x ATR) on the 30-minute chart.
The flag channel runs between 65.90 and 66.57. A 30-minute close above 66.70 signals continuation towards 71.46; a close below 65.90 fails the pattern.
Structure: bearish external, bearish internal (strong high 94.25). Nearest supply OB 71.05 - 71.41.