PSX · TEXTILE COMPOSITE
STML Bullish change of character — 30 Min chart signal
Shams Textile Mills Limited
30 Min 08 Oct 2026 · 13:00 PKT
Close
46.94
▲ 4.31%
Bullish change of character
Market structure · CHoCH
STML closed above the external strong high at 46.30 - the external trend turns bullish.
The 30-minute close at 46.94 confirms it. The new external CHoCH level (strong low) is 41.00: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 41.00). Nearest demand OB 41.00 - 43.50, supply OB 51.69 - 55.85.