PSX · AUTOMOBILE ASSEMBLER
GHNI Descending Triangle forming — 1 Hour chart signal
Ghandhara Industries Limited
1 Hour 16 Oct 2026 · 08:30 PKT
Close
1,036.99
▲ 0.68%
Descending Triangle forming
Chart pattern With the trend
GHNI is compressing inside a descending triangle on the hourly chart - 5 swing points, 8.3x ATR wide at the start.
Upper line 991.71, lower line 1,005.88. The pattern favours a downside resolution: a hourly close above 993.93 confirms an upside breakout, a close below 1,003.66 a downside break.
Structure: bearish external, bearish internal (strong high 1,113.89). Nearest demand OB 920.10 - 934.97, supply OB 1,063.00 - 1,075.00.
More for GHNI
GHNI company page →Descending Triangle breakout
GHNI broke above its descending triangle on the hourly close at 1,036.99.
16 Oct 2026 · 08:30 PKT Pattern breakout
Symmetrical Triangle breakout
GHNI broke above its symmetrical triangle on the 30-minute close at 1,031.99.
15 Oct 2026 · 12:00 PKT Pattern breakout
Symmetrical Triangle breakdown
GHNI broke below its symmetrical triangle on the hourly close at 1,001.01.
13 Oct 2026 · 10:30 PKT Pattern breakout
Symmetrical Triangle forming
GHNI is compressing inside a symmetrical triangle on the hourly chart - 5 swing points, 11.3x ATR wide at the start.
09 Oct 2026 · 14:30 PKT Chart pattern