Eureka Forbes technical analysis

According to the latest Pivot data, Eureka Forbes’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 ₹485.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹493.59, ₹501.72, and ₹509.39, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹477.79, ₹470.12, and ₹461.99, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Eureka Forbes’s price movement.