PSX · SUGAR & ALLIED INDUSTRIES
PMRS Falling Wedge forming — 1 Hour chart signal
The Premier Sugar Mills
1 Hour 08 Oct 2026 · 10:30 PKT
Close
365.00
▲ 0.28%
Falling Wedge forming
Chart pattern Against the trend
PMRS is compressing inside a falling wedge on the hourly chart - 5 swing points, 10.3x ATR wide at the start.
Upper line 395.44, lower line 331.29. The pattern favours an upside resolution: a hourly close above 398.45 confirms an upside breakout, a close below 328.28 a downside break. Still active - first identified on 06 Oct 2026 10:30.
Structure: bearish external, bearish internal (strong high 429.99). Nearest supply OB 498.00 - 515.00.
More for PMRS
PMRS company page →Descending Triangle breakout
PMRS broke above its descending triangle on the hourly close at 372.00.
14 Oct 2026 · 13:30 PKT Pattern breakout
Ascending Triangle forming
PMRS is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 7.0x ATR wide at the start.
14 Oct 2026 · 13:00 PKT Chart pattern
Descending Triangle breakout
PMRS broke above its descending triangle on the hourly close at 391.99.
14 Oct 2026 · 09:30 PKT Pattern breakout
Descending Triangle forming
PMRS is compressing inside a descending triangle on the hourly chart - 5 swing points, 6.3x ATR wide at the start.
14 Oct 2026 · 09:30 PKT Chart pattern