MUGHAL – Bullish Continuation with Two Clear Scenarios

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MUGHAL – Bullish Continuation with Two Clear ScenariosMughal Iron & Steel Industries LtdPSX_DLY:MUGHALGrowingPathMUGHAL – Bullish Continuation with Two Clear Scenarios Price has broken out of a compression / triangle structure with volume confirmation. Trend remains bullish, however RSI is near 70, so chasing is not advised. Scenario 1: Continuation above breakout zone → move towards 100–105–109 Scenario 2: Healthy pullback towards 92–94 → better risk-reward entry As long as price holds above 88, bullish structure remains intact. Trade with proper risk management.