Arabian Petroleum technical analysis

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 ₹77.98, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹78.01, ₹78.03, and ₹78.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹77.96, ₹77.93, and ₹77.91, 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.