PSX · TEXTILE SPINNING
NCML Ascending Triangle breakdown — 30 Min chart signal
Nazir Cotton Mills Limited
30 Min 09 Oct 2026 · 15:30 PKT
Close
15.82
▼ 4.12%
Ascending Triangle breakdown
Pattern breakout Against the trend
NCML broke below its ascending triangle on the 30-minute close at 15.82.
Projected target 14.62 (-7.6%). The pattern is invalidated beyond 17.40 (+10.0%), a reward-to-risk of about 0.8 : 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 bearish FVG 15.86 - 16.50.
More for NCML
NCML company page →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
Ascending Triangle breakdown
NCML broke below its ascending triangle on the hourly close at 16.00.
07 Oct 2026 · 11:30 PKT Pattern breakout