MACTER (PSX) — Oversold Bounce From Major Support Macter International Ltd.PSX_DLY:MACTERMy-AnalysisMacter International has been in a prolonged downtrend, forming lower highs and lower lows after the sharp rally earlier in the year. Price recently dropped toward the PKR 255–280 demand zone, where buyers stepped in and triggered a strong bounce candle, indicating potential short-term relief rally. However, the stock is still trading below major moving averages, so the overall structure remains weak unless key resistance levels break. 📈 Trade Idea Possible Bounce Setup 🟢 Support Zone PKR 255 – 280 🔴 Resistance Levels PKR 315 – 330 PKR 340 – 345 🎯 Upside Targets (if momentum continues) PKR 340 PKR 380 📉 Risk Scenario If price breaks below PKR 255, further downside could appear. ⭐ Stock DaDa Insight 😎 The stock looks oversold near a strong demand zone, which may attract short-term buyers. Watch for volume expansion and reclaim of moving averages to confirm a stronger reversal. ⚠️ Disclaimer This analysis is for educational purposes only and not financial advice.