Nishat Mills Limited (NML) Continues to Post Higher Highs and Lower Lows

Nishat Mills Limited (NML) is in a bullish trend as it continues to post higher highs and higher lows. The price is above the 9 EMA, and the volume in the last session was higher than average. RSI is in upward momentum, too.

Hence, a long position can be considered at this price with a BUY/BUY on dip strategy being applied. Stop loss can be set below the previous low on a closing basis.

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →