PSX · PAPER, BOARD & PACKAGING
CPPL Descending Triangle forming — 1 Hour chart signal
Cherat Packaging Limited
1 Hour 09 Oct 2026 · 14:30 PKT
Close
93.98
▼ 0.02%
Descending Triangle forming
Chart pattern With the trend
CPPL is compressing inside a descending triangle on the hourly chart - 5 swing points, 10.3x ATR wide at the start.
Upper line 92.23, lower line 92.52. The pattern favours a downside resolution: a hourly close above 92.49 confirms an upside breakout, a close below 92.26 a downside break.
Structure: bearish external, bearish internal (strong high 117.80). Nearest demand OB 86.20 - 88.75, supply OB 100.00 - 102.00.
More for CPPL
CPPL company page →Descending Triangle breakout
CPPL broke above its descending triangle on the 30-minute close at 93.98.
13 Oct 2026 · 13:30 PKT Pattern breakout
Descending Triangle breakout
CPPL broke above its descending triangle on the 30-minute close at 94.00.
13 Oct 2026 · 12:30 PKT Pattern breakout
Descending Triangle breakout
CPPL broke above its descending triangle on the 30-minute close at 94.77.
13 Oct 2026 · 11:00 PKT Pattern breakout
Descending Triangle breakout
CPPL broke above its descending triangle on the hourly close at 94.00.
13 Oct 2026 · 09:30 PKT Pattern breakout