PSX · TEXTILE SPINNING
MQTM Bearish change of character — 30 Min chart signal
Maqbool Textile Mills Limited
30 Min 14 Oct 2026 · 09:30 PKT
Close
25.32
▼ 1.94%
Bearish change of character
Market structure · CHoCH
MQTM closed below the external strong low at 25.51 - the external trend turns bearish.
The 30-minute close at 25.32 confirms it. The new external CHoCH level (strong high) is 40.00: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 40.00). Nearest demand OB 23.60 - 24.50, supply OB 29.23 - 29.80.