MSOT LongMasood Textile Mills LimitedPSX_DLY:MSOTForever-Learner1. Long-Term Trend Overview From 2014–2016, the stock had a massive bull run, reaching an all-time high near PKR 186. After that, a long-term downtrend followed until around 2022, showing a multi-year bear phase. Since late 2022, the chart shows base-building — a slow and steady accumulation pattern with higher lows forming. This suggests the downtrend is likely over and the stock may be entering a recovery or accumulation phase. 2. Current Price Action Current Price: 57.80 Pivot (P): 54.53 — price is trading above the pivot, indicating a short-term bullish bias. The stock has been respecting support near 50–54, rebounding multiple times from this zone. The last few candles show higher lows, signaling buyers stepping in at dips. 3. Key Pivot Levels (Resistance / Support) LevelPrice (PKR)Significance R169.02First major resistance; breakout above can trigger momentum R283.49Next resistance; target if R1 breaks R397.98Strong resistance zone (psychological round number) R4–R5112–127Long-term resistances; potential only if strong volume expansion occurs S140.06Key downside support S225.57Deep support zone from historical lows 4. Volume & Momentum Recent volume spikes (2024–2025) suggest institutional accumulation. This typically happens before a larger move. However, the momentum remains sideways to slightly bullish — still consolidating under R1 (69 zone). 5. Technical Outlook Bullish Scenario: If price closes above PKR 69 (R1) on monthly basis: Short-term targets: 83 → 98 PKR Long-term target zone: 112–127 PKR Bearish Scenario: If price falls below PKR 54 (Pivot) and closes under PKR 50: It could retest S1 = 40 PKR Deeper correction toward 25 PKR (S2) possible if sentiment weakens