PSX · SUGAR & ALLIED INDUSTRIES
MIRKS Rising Wedge breakdown — 30 Min chart signal
Mirpurkhas Sugar Mills Limited
30 Min 14 Oct 2026 · 10:00 PKT
Close
31.00
▲ 0.65%
Rising Wedge breakdown
Pattern breakout With the trend
MIRKS broke below its rising wedge on the 30-minute close at 31.00.
Projected target 30.84 (-0.5%). The pattern is invalidated beyond 33.90 (+9.4%), a reward-to-risk of about 0.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 35.98). Nearest demand OB 26.75 - 27.60, supply OB 38.01 - 38.50.
More for MIRKS
MIRKS company page →Rising Wedge forming
MIRKS is compressing inside a rising wedge on the 30-minute chart - 5 swing points, 8.3x ATR wide at the start.
14 Oct 2026 · 10:00 PKT Chart pattern
Inverse Head & Shoulders forming
MIRKS has completed an inverse head & shoulders on the hourly chart with the head at 29.11 and the neckline at 33.78.
09 Oct 2026 · 11:30 PKT Chart pattern
Head & Shoulders forming
MIRKS has completed a head & shoulders on the daily chart with the head at 39.00 and the neckline at 29.28.
08 Oct 2026 Chart pattern