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 ₹593.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹601.56, ₹607.58, and ₹615.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹587.26, ₹578.98, and ₹572.96, 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.