PSX · INV. BANKS / INV. COS. / SECURITIES COS.
DEL Rising Wedge forming — 30 Min chart signal
Dawood Equities Limited
30 Min 16 Oct 2026 · 09:30 PKT
Close
16.80
▼ 6.56%
Rising Wedge forming
Chart pattern With the trend
DEL is compressing inside a rising wedge on the 30-minute chart - 5 swing points, 7.5x ATR wide at the start.
Upper line 18.01, lower line 17.11. The pattern favours a downside resolution: a 30-minute close above 18.08 confirms an upside breakout, a close below 17.04 a downside break.
Structure: bearish external, bullish internal (strong high 26.74). Nearest demand OB 16.30 - 16.47, supply OB 18.87 - 19.00.
More for DEL
DEL company page →Rising Wedge breakdown
DEL broke below its rising wedge on the 30-minute close at 16.80.
16 Oct 2026 · 10:00 PKT Pattern breakout
Rising Wedge breakdown
DEL broke below its rising wedge on the 30-minute close at 16.80.
16 Oct 2026 · 09:30 PKT Pattern breakout
Falling Wedge breakout
DEL broke above its falling wedge on the 30-minute close at 16.79.
14 Oct 2026 · 15:00 PKT Pattern breakout
Falling Wedge forming
DEL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 7.4x ATR wide at the start.
13 Oct 2026 · 13:00 PKT Chart pattern