Nishat Mills: Attractive Valuation for Investor Interest

Nishat Mills LImited (NML) is slow and steady horse in Pakistan Stock market (PSX).

One can Accumulate it between the 90-88 level. In rare cases, it may even dip to the 80 level, but don’t be afraid

If it closes below 73 level then trend would change.

Currently, 103 is acting as a minor resistance. If it crosses this level, the stock will likely retest the previous resistance level at 113

For short-term investors, the profit-taking range is between 125 and 128.

For long-term investors, 145 to 150 would be a good area to secure positions