BEML technical analysis

According to the latest Pivot data, BEML’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 ₹4375.07, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹4476.74, ₹4665.67, and ₹4767.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹4186.14, ₹4084.47, and ₹3895.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in BEML’s price movement.