PSX · POWER GENERATION & DISTRIBUTION
KEL Inverse Head & Shoulders forming — 30 Min chart signal
K-Electric Limited
30 Min 14 Oct 2026 · 10:30 PKT
Close
5.90
▲ 0.00%
Inverse Head & Shoulders forming
Chart pattern Against the trend
KEL has completed an inverse head & shoulders on the 30-minute chart with the head at 5.32 and the neckline at 6.24.
The pattern is confirmed by a 30-minute close above 6.25. The measured move from the neckline points to 7.16 (+14.7%). A close beyond the head at 5.32 cancels it.
Structure: bearish external, bearish internal (strong high 6.24). Nearest demand OB 5.32 - 5.49, supply OB 6.10 - 6.24.