Balaji Telefilms technical analysis

According to the latest Pivot data, Balaji Telefilms’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 ₹106.88, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹111.7, ₹114.74, and ₹119.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹103.84, ₹99.02, and ₹95.98, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Balaji Telefilms’s price movement.