BSEL Algo technical analysis

According to the latest Pivot data, BSEL Algo’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 ₹7.77, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹7.92, ₹8.15, and ₹8.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹7.54, ₹7.39, and ₹7.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in BSEL Algo’s price movement.