Enkei Wheels (India) technical analysis

According to the latest Pivot data, Enkei Wheels (India)’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 ₹518.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹521.66, ₹523.33, and ₹526.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹516.66, ₹513.33, and ₹511.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Enkei Wheels (India)’s price movement.