Nishat Mills Limited
Long
Updated

NML (PSX) – Bullish Setup on 4H Chart

231
📈 Nishat Mills (NML) – 4H Bullish Reversal Setup with Multi-High Divergence

📍 Entry Zone: 148.96 – 150.75
🛑 Stop Loss: Below 140.93
🎯 Targets: TP1 @ 156 | TP2 @ 164 | TP3 @ 172+

✅ Key Trigger: Bullish RSI Divergence + Higher Lows (LL) forming after sharp decline
✅ Confirmation: Price reclaiming key trendline & breaking descending structure
✅ Risk-Reward: > 1:3 (Conservative entry near support)

Disclaimer:
*This idea is for educational and research purposes only, based on technical patterns. It is not investment advice. Always conduct your own analysis (DYOR) and manage your risk carefully before entering any trade.*
Trade closed: target reached

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