BMW Ventures technical analysis

According to the latest Pivot data, BMW Ventures’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 ₹58.66, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹59.51, ₹60.25, and ₹61.1, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹57.92, ₹57.07, and ₹56.33, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in BMW Ventures’s price movement.