PSX · COMMERCIAL BANKS
BAFL Head & Shoulders forming — 30 Min chart signal
Bank Alfalah Limited
30 Min 09 Oct 2026 · 11:30 PKT
Close
55.97
▲ 0.04%
Head & Shoulders forming
Chart pattern Against the trend
BAFL has completed a head & shoulders on the 30-minute chart with the head at 58.24 and the neckline at 55.46.
The pattern is confirmed by a 30-minute close below 55.40. The measured move from the neckline points to 53.50 (-3.5%). A close beyond the head at 58.24 cancels it. Still active - first identified on 05 Oct 2026 13:00.
Structure: bullish external, bearish internal (strong low 54.16). Nearest demand OB 54.30 - 54.40, supply OB 56.30 - 56.75.
More for BAFL
BAFL company page →Head & Shoulders breakdown
BAFL broke below its head & shoulders on the hourly close at 55.30.
12 Oct 2026 · 10:30 PKT Pattern breakout
Head & Shoulders forming
BAFL has completed a head & shoulders on the hourly chart with the head at 58.24 and the neckline at 55.79.
09 Oct 2026 · 11:30 PKT Chart pattern