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ICIBL Bull Pennant breakout — 30 Min chart signal

Invest Capital Investment Bank Limited

30 Min 16 Oct 2026 · 09:00 PKT

16.45

▲ 2.94%

▲ Bullish

Bull Pennant breakout

Pattern breakout Against the trend

ICIBL broke above its bull pennant on the 30-minute close at 16.45.

Projected target 17.44 (+6.0%). The pattern is invalidated beyond 15.95 (-3.0%), a reward-to-risk of about 2.0 : 1.

Structure: bearish external, bullish internal (strong high 17.57). Nearest demand OB 15.80 - 16.25, supply OB 17.43 - 17.44.

Levels 30 Min

ICIBL company page →

ICIBL is building a bull pennant after a 1.27 rally (5.2x ATR) on the 30-minute chart.

16 Oct 2026 · 09:00 PKT Chart pattern