PSX · TEXTILE COMPOSITE

FZCM Inverse Head & Shoulders breakout — Daily chart signal

Fazal Cloth Mills Limited

Daily 07 Oct 2026

299.46

▲ 10.91%

▲ Bullish

Inverse Head & Shoulders breakout

Pattern breakout With the trend

FZCM broke above its inverse head & shoulders on the daily close at 299.46.

Projected target 394.90 (+31.9%). The pattern is invalidated beyond 236.20 (-21.1%), a reward-to-risk of about 1.5 : 1.

Structure: bullish external, bullish internal (strong low 111.51). Nearest demand OB 156.02 - 175.99.

Levels Daily

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