PSX · SUGAR & ALLIED INDUSTRIES
HRPL Falling Wedge breakout — 1 Hour chart signal
Habib Rice Product Limited.
1 Hour 08 Oct 2026 · 13:30 PKT
Close
18.70
▲ 2.75%
Falling Wedge breakout
Pattern breakout Against the trend
HRPL broke above its falling wedge on the hourly close at 18.70.
Projected target 20.32 (+8.7%). The pattern is invalidated beyond 18.00 (-3.7%), a reward-to-risk of about 2.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 19.30). Nearest supply OB 19.15 - 19.30.