PSX · SUGAR & ALLIED INDUSTRIES
MIRKS Head & Shoulders forming — Daily chart signal
Mirpurkhas Sugar Mills Limited
Daily 08 Oct 2026
Close
30.00
▲ 0.00%
Head & Shoulders forming
Chart pattern With the trend
MIRKS has completed a head & shoulders on the daily chart with the head at 39.00 and the neckline at 29.28.
The pattern is confirmed by a daily close below 28.97. The measured move from the neckline points to 18.91 (-35.4%). A close beyond the head at 39.00 cancels it. Still active - first identified on 06 Oct 2026.
Structure: bearish external, bearish internal (strong high 44.50). Nearest demand OB 24.17 - 25.39, supply OB 40.01 - 42.40.
More for MIRKS
MIRKS company page →Rising Wedge breakdown
MIRKS broke below its rising wedge on the 30-minute close at 31.00.
14 Oct 2026 · 10:00 PKT Pattern breakout
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