PSX · TEXTILE COMPOSITE
ILP Falling Wedge forming — 1 Hour chart signal
Interloop Limited
1 Hour 13 Oct 2026 · 09:30 PKT
Close
95.40
▲ 1.06%
Falling Wedge forming
Chart pattern With the trend
ILP is compressing inside a falling wedge on the hourly chart - 5 swing points, 10.4x ATR wide at the start.
Upper line 95.36, lower line 92.66. The pattern favours an upside resolution: a hourly close above 95.53 confirms an upside breakout, a close below 92.49 a downside break.
Structure: bullish external, bearish internal (strong low 68.16). Nearest demand OB 83.53 - 84.49, supply OB 97.00 - 97.59.