Accel technical analysis

According to the latest Pivot data, Accel’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹16.73, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16.96, ₹17.21, and ₹17.44, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.48, ₹16.25, and ₹16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Accel’s price movement.