Cupid technical analysis

According to the latest Pivot data, Cupid’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 ₹112.45, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹115.88, ₹118.63, and ₹122.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹109.7, ₹106.27, and ₹103.52, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Cupid’s price movement.