ZAHID – Positional Trade Setup

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ZAHID – Positional Trade SetupZAHIDJEE Textile Mills LimitedPSX_DLY:ZAHIDmbaberhanifZAHID is showing an Inverse Head & Shoulders formation, which can indicate a potential bullish reversal if the pattern confirms with sustained buying above resistance. 🎯 Trade Plan 🟢 Entry: 74.60 🛑 Stop Loss: 67.06 Short-Term Targets 🎯 T1: 79.00 🎯 T2: 82.00 Medium-Term Targets 🎯 T3: 87.00 🎯 T4: 93.00 Swing Targets 🎯 T5: 102.00 🎯 T6: 115.00 🚀 Positional Final Target: 150.00 💰 Potential upside from entry: ~101% 📌 Technical View: The inverse Head & Shoulders structure provides the bullish setup. A sustained breakout above the pattern's neckline would strengthen the reversal case. Once the breakout is confirmed, the stock can potentially move through the short-, medium- and swing-term targets toward the 150 positional objective. ⚠️ Risk Management: Strictly maintain SL at 67.06. Consider booking partial profits at each target and trail the stop loss as the trade progresses.