PSX · CHEMICAL
NRSL Falling Wedge breakout — 1 Hour chart signal
Nimir Resins Limited
1 Hour 15 Oct 2026 · 09:30 PKT
Close
34.25
▲ 0.74%
Falling Wedge breakout
Pattern breakout Against the trend
NRSL broke above its falling wedge on the hourly close at 34.25.
Projected target 35.25 (+2.9%). The pattern is invalidated beyond 32.60 (-4.8%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 48.88). Nearest demand OB 24.30 - 25.00, supply OB 35.97 - 36.95.