DCM technical analysis

According to the latest Pivot data, DCM’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 ₹101.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹102.54, ₹103.5, and ₹104.47, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹100.61, ₹99.64, and ₹98.68, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in DCM’s price movement.