PSX · TEXTILE SPINNING
NCML Ascending Triangle breakdown — 1 Hour chart signal
Nazir Cotton Mills Limited
1 Hour 07 Oct 2026 · 11:30 PKT
Close
16.00
▼ 3.03%
Ascending Triangle breakdown
Pattern breakout Against the trend
NCML broke below its ascending triangle on the hourly close at 16.00.
Projected target 14.63 (-8.6%). The pattern is invalidated beyond 17.40 (+8.7%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 12.00). Nearest bullish FVG 14.81 - 15.26.
More for NCML
NCML company page →Ascending Triangle breakdown
NCML broke below its ascending triangle on the 30-minute close at 15.82.
09 Oct 2026 · 15:30 PKT Pattern breakout
Ascending Triangle forming
NCML is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 8.5x ATR wide at the start.
07 Oct 2026 · 15:00 PKT Chart pattern
Ascending Triangle breakdown
NCML broke below its ascending triangle on the 30-minute close at 16.00.
07 Oct 2026 · 12:00 PKT Pattern breakout