PSX · SUGAR & ALLIED INDUSTRIES
PMRS Descending Triangle forming — 1 Hour chart signal
The Premier Sugar Mills
1 Hour 14 Oct 2026 · 09:30 PKT
Close
391.99
▲ 7.40%
Descending Triangle forming
Chart pattern With the trend
PMRS is compressing inside a descending triangle on the hourly chart - 5 swing points, 6.3x ATR wide at the start.
Upper line 372.56, lower line 328.23. The pattern favours a downside resolution: a hourly close above 375.67 confirms an upside breakout, a close below 325.12 a downside break.
Structure: bearish external, bearish internal (strong high 429.99). Nearest supply OB 498.00 - 515.00.
More for PMRS
PMRS company page →Descending Triangle breakout
PMRS broke above its descending triangle on the hourly close at 391.99.
14 Oct 2026 · 09:30 PKT Pattern breakout
Falling Wedge breakout
PMRS broke above its falling wedge on the hourly close at 391.99.
14 Oct 2026 · 09:30 PKT Pattern breakout
Falling Wedge forming
PMRS is compressing inside a falling wedge on the hourly chart - 5 swing points, 10.3x ATR wide at the start.
08 Oct 2026 · 10:30 PKT Chart pattern