BSE technical analysis

According to the latest Pivot data, BSE’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 ₹2836.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2891.94, ₹2933.27, and ₹2988.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2795.24, ₹2739.87, and ₹2698.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in BSE’s price movement.