PSX · POWER GENERATION & DISTRIBUTION
KEL Inverse Head & Shoulders forming — 1 Hour chart signal
K-Electric Limited
1 Hour 14 Oct 2026 · 14:30 PKT
Close
5.95
▲ 0.68%
Inverse Head & Shoulders forming
Chart pattern Against the trend
KEL has completed an inverse head & shoulders on the hourly chart with the head at 5.32 and the neckline at 6.24.
The pattern is confirmed by a hourly close above 6.26. 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 - 5.50, supply OB 6.10 - 6.24.