Evans Electric technical analysis

According to the latest Pivot data, Evans Electric’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 ₹105.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹111.86, ₹117.83, and ₹124.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹99.06, ₹92.23, and ₹86.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Evans Electric’s price movement.