Bajaj Electricals technical analysis

According to the latest Pivot data, Bajaj Electricals’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 ₹372.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹375.45, ₹378.3, and ₹381.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹369.3, ₹366, and ₹363.15, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Bajaj Electricals’s price movement.