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Kohat Textile Mills LimitedKohat Textile Mills LimitedKohat Textile Mills Limited

Kohat Textile Mills Limited

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Trade ideas

KOHTM – Fibonacci Retracement BounceKOHTM made a strong rally up to 113, followed by a deep retracement. Price tested the 61.8% Fibonacci level (~59.7 PKR) and is attempting a reversal. 📊 Retracement Levels: 38.2% → 79.9 50% → 69.7 61.8% → 59.7 (strong support) 🎯 Upside Target: 92.46 PKR 🛡️ Risk Management: Stop below recent swing low (~55 PKR) If buyers hold this Fib zone, KOHTM may aim for the 92.5 level in the next wave. ⚠️ Not financial advice. Do your own research & trade safe.
PSX:KOHTMLong
by abmajid91