PSX · COMMERCIAL BANKS
BAFL Head & Shoulders forming — 1 Hour chart signal
Bank Alfalah Limited
1 Hour 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 hourly chart with the head at 58.24 and the neckline at 55.79.
The pattern is confirmed by a hourly close below 55.71. The measured move from the neckline points to 53.13 (-4.8%). A close beyond the head at 58.24 cancels it.
Structure: bullish external, bullish internal (strong low 50.65). Nearest demand OB 53.95 - 54.70, supply OB 62.55 - 63.45.
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 30-minute chart with the head at 58.24 and the neckline at 55.46.
09 Oct 2026 · 11:30 PKT Chart pattern