PSX · LEATHER & TANNERIES
FIL Symmetrical Triangle breakout — Daily chart signal
Fateh Industries Limited
Daily 12 Oct 2026
Close
348.94
▲ 10.00%
Symmetrical Triangle breakout
Pattern breakout
FIL broke above its symmetrical triangle on the daily close at 348.94.
Projected target 538.60 (+54.4%). The pattern is invalidated beyond 233.01 (-33.2%), a reward-to-risk of about 1.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 4.00). Nearest demand OB 164.00 - 197.00.