Arabian Petroleum Resistance and Support
Pivot 87.15
Time Period:
Resistance
First Resistance
89.25
Second Resistance
90.5
Third Resistance
92.6
Support
First Support
85.9
Second Support
83.8
Third Support
82.55
Arabian Petroleum Resistance and Support Summary
According to the latest Pivot data, Arabian Petroleum’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 ₹87.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹89.25, ₹90.5, and ₹92.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹85.9, ₹83.8, and ₹82.55, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Arabian Petroleum’s price movement.