NML Swing IdeaNishat Mills LimitedPSX_DLY:NMLGrowingPath 🚀 Stock: Nishat Mills Limited (NML) 💰 Entry: Buy at CMP (~145) 🛑 Stop Loss: 135 🎯 Targets: 160 → 170 Trade Rationale: NML is trading near a strong support zone after a prolonged correction and is currently testing a key descending trendline resistance. The stock has shown signs of stabilization around the 140 area, with buyers consistently defending lower levels. ✅ Strong support around 139–135 ✅ Price consolidating near the breakout zone ✅ Risk-to-reward remains favorable at current levels ✅ Trendline breakout could trigger a fresh bullish move toward higher resistance levels Trading Plan: Consider accumulating near current market price. Keep a strict stop loss below 135 to manage downside risk. Partial profit booking can be considered at each target while trailing the remaining position. Targets: 🎯 TP1: 160 🎯 TP2: 170 A decisive breakout and daily close above the descending trendline may strengthen bullish momentum and improve the probability of achieving the projected targets. ⚠️ This is a swing trading setup intended for short-to-medium-term traders. Always follow proper risk management and position sizing. #NML #NishatMills #PSX #PakistanStockExchange #SwingTrading #TechnicalAnalysis #TradingView #StockMarket #BreakoutTrade #Investing #ChartAnalysis