EL Forge technical analysis

According to the latest Pivot data, EL Forge’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 ₹16.14, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16.78, ₹17.53, and ₹18.17, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹15.39, ₹14.75, and ₹14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in EL Forge’s price movement.