PSX · TEXTILE SPINNING
DMC Falling Wedge forming — Daily chart signal
D.M. Corporation Limited.
Daily 08 Oct 2026
Close
170.00
▲ 11.84%
Falling Wedge forming
Chart pattern Against the trend
DMC is compressing inside a falling wedge on the daily chart - 5 swing points, 6.4x ATR wide at the start.
Upper line 180.91, lower line 136.10. The pattern favours an upside resolution: a daily close above 183.95 confirms an upside breakout, a close below 133.06 a downside break. Still active - first identified on 07 Oct 2026.
Structure: bearish external, bullish internal (strong high 351.90). Nearest demand OB 105.71 - 127.44.