BNWM – Breakout from Descending Channel

Wait 5 sec.

BNWM – Breakout from Descending ChannelBannu Woollen Mills LimitedPSX_DLY:BNWMsaeed_aslam86The price exactly respected the 0.5 Fibonacci level, then dipped to 0.618, and is now showing a strong bounce upward, confirming buyer strength and validating the demand zone. The structure remains bullish as long as the price holds above the key support zone. Entry: 72 – 74 SL: 59.05 TP1: 81 | TP2: 90 | TP3: 99