Excellent Wires And Packaging technical analysis

According to the latest Pivot data, Excellent Wires And Packaging’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 ₹49.93, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹51.06, ₹52.13, and ₹53.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹48.86, ₹47.73, and ₹46.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Excellent Wires And Packaging’s price movement.