PSX · SUGAR & ALLIED INDUSTRIES
JSML Falling Wedge breakout — 1 Hour chart signal
Jauharabad Sugar Mills Limited
1 Hour 09 Oct 2026 · 08:30 PKT
Close
48.61
▼ 0.80%
Falling Wedge breakout
Pattern breakout Against the trend
JSML broke above its falling wedge on the hourly close at 48.61.
Projected target 53.86 (+10.8%). The pattern is invalidated beyond 47.55 (-2.2%), a reward-to-risk of about 5.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 70.70). Nearest supply OB 62.98 - 63.10.