PSX · TEXTILE COMPOSITE
MEHT Bearish break of structure — Daily chart signal
Mehmood Textile Mills Limited
Daily 13 Oct 2026
Close
125.87
▼ 3.35%
Bearish break of structure
Market structure · BOS
MEHT closed below the external swing low at 130.11 from 11 Sep 2026 - the bearish trend continues.
The daily close at 125.87 confirms it. The new external CHoCH level (strong high) is 152.00: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 152.00). Nearest demand OB 50.51 - 51.50, supply OB 138.12 - 142.50.