PSX · MISCELLANEOUS
PSEL Head & Shoulders forming — Daily chart signal
Pakistan Services Limited
Daily 08 Oct 2026
Close
990.02
▼ 1.78%
Head & Shoulders forming
Chart pattern Against the trend
PSEL has completed a head & shoulders on the daily chart with the head at 1,635.00 and the neckline at 796.72.
The pattern is confirmed by a daily close below 782.60. The measured move from the neckline points to -37.99 (-104.8%). A close beyond the head at 1,635.00 cancels it. Still active - first identified on 30 Jul 2026.
Structure: bullish external, bullish internal (strong low 620.00). Nearest demand OB 194.75 - 213.00.