BPL technical analysis

According to the latest Pivot data, BPL’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 ₹91.18, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹95.04, ₹100.51, and ₹104.37, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹85.71, ₹81.85, and ₹76.38, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in BPL’s price movement.