Amic Forging technical analysis

According to the latest Pivot data, Amic Forging’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 ₹1518.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1561.06, ₹1602.03, and ₹1645.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1477.06, ₹1434.03, and ₹1393.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Amic Forging’s price movement.