PSX · SUGAR & ALLIED INDUSTRIES
BAFS Head & Shoulders forming — Daily chart signal
Baba Farid Sugar Mills Limited
Daily 13 Oct 2026
Close
419.75
▼ 5.29%
Head & Shoulders forming
Chart pattern Against the trend
BAFS has completed a head & shoulders on the daily chart with the head at 647.00 and the neckline at 402.18.
The pattern is confirmed by a daily close below 397.08. The measured move from the neckline points to 147.10 (-63.4%). A close beyond the head at 647.00 cancels it.
Structure: bullish external, bullish internal (strong low 25.00). Nearest demand OB 277.01 - 300.00.
More for BAFS
BAFS company page →Bull Pennant forming
BAFS is building a bull pennant after a 71.85 rally (5.2x ATR) on the hourly chart.
09 Oct 2026 · 15:30 PKT 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