PSX · TEXTILE WEAVING
STJT Bearish change of character — 1 Hour chart signal
Shahtaj Textile Limited
1 Hour 16 Oct 2026 · 08:30 PKT
Close
129.62
▼ 17.96%
Bearish change of character
Market structure · CHoCH
STJT closed below the external strong low at 131.03 - the external trend turns bearish.
The hourly close at 129.62 confirms it. The new external CHoCH level (strong high) is 184.49: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 184.49). Nearest demand OB 93.31 - 105.00.
More for STJT
STJT company page →Ascending Triangle breakdown
STJT broke below its ascending triangle on the 30-minute close at 129.62.
16 Oct 2026 · 09:00 PKT Pattern breakout
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