NML – Potential Reversal Setup

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NML – Potential Reversal SetupNishat Mills LimitedPSX_DLY:NMLGrowingPath NML is currently trading near a key support zone while respecting the descending trendline. A breakout from the current consolidation could trigger the next upside move. 🔹 Buy: 143.96 (CMP) 🔹 Stop Loss: 135.00 🎯 Targets: TP1: 160.00 TP2: 173.00 The risk-to-reward profile remains attractive for traders looking to position ahead of a potential trend reversal. Sustaining above support and breaking the trendline resistance can accelerate momentum toward the stated targets. ⚠️ Strictly follow your stop-loss and manage position size according to your risk tolerance. This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before investing. #NML #PSX #PakistanStockExchange #TradingView #TechnicalAnalysis #StocksToWatch #SwingTrading #Investing