Blue chip Tex Industries technical analysis

According to the latest Pivot data, Blue chip Tex Industries’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 ₹113.6, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹117, ₹119.85, and ₹123.25, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹110.75, ₹107.35, and ₹104.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Blue chip Tex Industries’s price movement.