PSX · TEXTILE COMPOSITE
ARUJ Descending Triangle forming — 1 Hour chart signal
Aruj Industries Limited
1 Hour 16 Oct 2026 · 09:30 PKT
Close
9.49
▼ 1.04%
Descending Triangle forming
Chart pattern Against the trend
ARUJ is compressing inside a descending triangle on the hourly chart - 5 swing points, 8.3x ATR wide at the start.
Upper line 9.70, lower line 8.78. The pattern favours a downside resolution: a hourly close above 9.76 confirms an upside breakout, a close below 8.72 a downside break.
Structure: bullish external, bullish internal (strong low 7.25). Nearest demand OB 8.00 - 8.47.