PSX · CHEMICAL
NICL Head & Shoulders forming — 1 Hour chart signal
Nimir Industrial Chemicals Limited
1 Hour 13 Oct 2026 · 14:30 PKT
Close
260.00
▼ 1.42%
Head & Shoulders forming
Chart pattern Against the trend
NICL has completed a head & shoulders on the hourly chart with the head at 288.59 and the neckline at 254.98.
The pattern is confirmed by a hourly close below 254.52. The measured move from the neckline points to 228.28 (-10.5%). A close beyond the head at 288.59 cancels it.
Structure: bullish external, bearish internal (strong low 250.00). Nearest demand OB 247.10 - 248.05.