Dhanlaxmi Fabrics technical analysis

According to the latest Pivot data, Dhanlaxmi Fabrics’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 ₹54.69, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹55.57, ₹57.28, and ₹58.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹52.98, ₹52.1, and ₹50.39, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Dhanlaxmi Fabrics’s price movement.