PSX · TEXTILE WEAVING
STJT Ascending Triangle breakdown — 30 Min chart signal
Shahtaj Textile Limited
30 Min 16 Oct 2026 · 09:00 PKT
Close
129.62
▼ 17.96%
Ascending Triangle breakdown
Pattern breakout Against the trend
STJT broke below its ascending triangle on the 30-minute close at 129.62.
Projected target 134.24 (+3.6%). The pattern is invalidated beyond 158.00 (+21.9%), a reward-to-risk of about 0.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 127.05). Nearest demand OB 108.00 - 110.00.
More for STJT
STJT company page →Ascending Triangle forming
STJT is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 6.6x ATR wide at the start.
16 Oct 2026 · 09:00 PKT Chart pattern
Bearish change of character
STJT closed below the external strong low at 131.03 - the external trend turns bearish.
16 Oct 2026 · 08:30 PKT Market structure · CHoCH