Bimetal Bearings technical analysis

According to the latest Pivot data, Bimetal Bearings’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 ₹570.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹588.3, ₹605.45, and ₹623.65, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹552.95, ₹534.75, and ₹517.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Bimetal Bearings’s price movement.