Essex Marine technical analysis

According to the latest Pivot data, Essex Marine’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 ₹25.16, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹26.32, ₹27.96, and ₹29.12, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹23.52, ₹22.36, and ₹20.72, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Essex Marine’s price movement.