Chamunda Electrical technical analysis

According to the latest Pivot data, Chamunda Electrical’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 ₹44.97, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹46.74, ₹47.62, and ₹49.39, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹44.09, ₹42.32, and ₹41.44, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Chamunda Electrical’s price movement.