PSX · TEXTILE SPINNING
PRET Inverse Head & Shoulders forming — Daily chart signal
Premium Textile Mills Limited
Daily 08 Oct 2026
Close
519.90
▼ 2.82%
Inverse Head & Shoulders forming
Chart pattern With the trend
PRET has completed an inverse head & shoulders on the daily chart with the head at 352.00 and the neckline at 609.71.
The pattern is confirmed by a daily close above 615.50. The measured move from the neckline points to 809.98 (+32.8%). A close beyond the head at 352.00 cancels it. Still active - first identified on 01 Sep 2026.
Structure: bullish external, bearish internal (strong low 355.00). Nearest demand OB 200.00 - 201.00.
More for PRET
PRET company page →Head & Shoulders forming
PRET has completed a head & shoulders on the 30-minute chart with the head at 585.00 and the neckline at 457.84.
09 Oct 2026 · 10:00 PKT Chart pattern
Rising Wedge forming
PRET is compressing inside a rising wedge on the daily chart - 5 swing points, 8.1x ATR wide at the start.
08 Oct 2026 Chart pattern