Action Construction Equipment technical analysis

According to the latest Pivot data, Action Construction Equipment’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 ₹1179.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1193.66, ₹1216.23, and ₹1230.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1157.26, ₹1143.43, and ₹1120.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Action Construction Equipment’s price movement.