Carraro India technical analysis

According to the latest Pivot data, Carraro India’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 ₹528.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹534.46, ₹539.83, and ₹546.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹522.86, ₹516.63, and ₹511.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Carraro India’s price movement.