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PSX · TEXTILE SPINNING

KOSM Head & Shoulders forming — Daily chart signal

Kohinoor Spinning Mills Limited

Daily 08 Oct 2026

Close

5.38

▼ 3.58%

▼ Bearish

Head & Shoulders forming

Chart pattern With the trend

KOSM Head & Shoulders forming on the daily chart, 08 Oct 2026 — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector Daily candles
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KOSM has completed a head & shoulders on the daily chart with the head at 7.29 and the neckline at 4.91.

The pattern is confirmed by a daily close below 4.85. The measured move from the neckline points to 2.82 (-42.6%). A close beyond the head at 7.29 cancels it. Still active - first identified on 24 Aug 2026.

Structure: bearish external, bullish internal (strong high 12.73). Nearest demand OB 4.95 - 5.07, supply OB 6.42 - 6.93.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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