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 ₹188.6, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹192.5, ₹199.9, and ₹203.8, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹181.2, ₹177.3, and ₹169.9, 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.