PSX · CHEMICAL
GCIL Descending Triangle forming — 1 Hour chart signal
Ghani Chemical Industries Limited
1 Hour 14 Oct 2026 · 14:30 PKT
Close
31.32
▲ 2.39%
Descending Triangle forming
Chart pattern Against the trend
GCIL is compressing inside a descending triangle on the hourly chart - 5 swing points, 8.5x ATR wide at the start.
Upper line 31.11, lower line 29.96. The pattern favours a downside resolution: a hourly close above 31.19 confirms an upside breakout, a close below 29.88 a downside break.
Structure: bullish external, bearish internal (strong low 26.25). Nearest demand OB 29.00 - 29.49, supply OB 35.89 - 36.25.
More for GCIL
GCIL company page →Descending Triangle breakout
GCIL broke above its descending triangle on the 30-minute close at 31.32.
14 Oct 2026 · 15:00 PKT Pattern breakout
Descending Triangle breakout
GCIL broke above its descending triangle on the hourly close at 31.32.
14 Oct 2026 · 14:30 PKT Pattern breakout
Descending Triangle forming
GCIL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 12.1x ATR wide at the start.
14 Oct 2026 · 14:30 PKT Chart pattern
Head & Shoulders forming
GCIL has completed a head & shoulders on the 30-minute chart with the head at 33.44 and the neckline at 30.03.
09 Oct 2026 · 11:30 PKT Chart pattern