PSX · PHARMACEUTICALS
HPL Descending Triangle breakout — 30 Min chart signal
Hoechst Pakistan Limited
30 Min 15 Oct 2026 · 10:30 PKT
Close
4,040.00
▲ 1.63%
Descending Triangle breakout
Pattern breakout With the trend
HPL broke above its descending triangle on the 30-minute close at 4,040.00.
Projected target 4,074.53 (+0.9%). The pattern is invalidated beyond 3,945.01 (-2.4%), a reward-to-risk of about 0.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 3,602.00). Nearest supply OB 4,512.91 - 4,650.00.
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Descending Triangle breakout
HPL broke above its descending triangle on the 30-minute close at 4,070.00.
15 Oct 2026 · 09:30 PKT Pattern breakout