PSX · TEXTILE SPINNING
JDMT Bearish break of structure — 1 Hour chart signal
Janana De Malucho Textile Mills Limited
1 Hour 14 Oct 2026 · 14:30 PKT
Close
113.90
▼ 3.23%
Bearish break of structure
Market structure · BOS
JDMT closed below the external swing low at 115.25 from 23 Sep 09:30 - the bearish trend continues.
The hourly close at 113.90 confirms it. The new external CHoCH level (strong high) is 145.80: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 145.80). Nearest supply OB 116.00 - 120.75.