PSX · SUGAR & ALLIED INDUSTRIES
TICL Bearish break of structure — 1 Hour chart signal
The Thal Industries Corporation Limited
1 Hour 16 Oct 2026 · 11:30 PKT
Close
784.00
▼ 1.51%
Bearish break of structure
Market structure · BOS
TICL closed below the external swing low at 791.00 from 12 Oct 09:30 - the bearish trend continues.
The hourly close at 784.00 confirms it. The new external CHoCH level (strong high) is 868.00: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 868.00). Nearest demand OB 741.00 - 757.00, supply OB 810.02 - 830.00.