PSX · SUGAR & ALLIED INDUSTRIES
PMRS Descending Triangle breakout — 1 Hour chart signal
The Premier Sugar Mills
1 Hour 14 Oct 2026 · 09:30 PKT
Close
391.99
▲ 7.40%
Descending Triangle breakout
Pattern breakout Against the trend
PMRS broke above its descending triangle on the hourly close at 391.99.
Projected target 413.98 (+5.6%). The pattern is invalidated beyond 341.01 (-13.0%), a reward-to-risk of about 0.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 429.99). Nearest supply OB 498.00 - 515.00.
More for PMRS
PMRS company page →Descending Triangle forming
PMRS is compressing inside a descending triangle on the hourly chart - 5 swing points, 6.3x ATR wide at the start.
14 Oct 2026 · 09:30 PKT Chart pattern
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