PSX · MODARABAS
PIM Head & Shoulders forming — 1 Hour chart signal
Popular Islamic Modaraba
1 Hour 14 Oct 2026 · 12:30 PKT
Close
59.75
▲ 0.69%
Head & Shoulders forming
Chart pattern Against the trend
PIM has completed a head & shoulders on the hourly chart with the head at 86.92 and the neckline at 55.21.
The pattern is confirmed by a hourly close below 54.57. The measured move from the neckline points to 17.56 (-68.2%). A close beyond the head at 86.92 cancels it.
Structure: bullish external, bullish internal (strong low 43.00). Nearest demand OB 44.70 - 49.60, supply OB 75.99 - 79.17.