PSX · CHEMICAL
NRSL Falling Wedge forming — 1 Hour chart signal
Nimir Resins Limited
1 Hour 15 Oct 2026 · 09:30 PKT
Close
34.25
▲ 0.74%
Falling Wedge forming
Chart pattern Against the trend
NRSL is compressing inside a falling wedge on the hourly chart - 5 swing points, 6.1x ATR wide at the start.
Upper line 33.07, lower line 31.97. The pattern favours an upside resolution: a hourly close above 33.19 confirms an upside breakout, a close below 31.85 a downside break.
Structure: bearish external, bearish internal (strong high 48.88). Nearest demand OB 24.30 - 25.00, supply OB 35.97 - 36.95.