Fiberweb (India) technical analysis

According to the latest Pivot data, Fiberweb (India)’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 ₹47.73, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹49.49, ₹51.66, and ₹53.42, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹45.56, ₹43.8, and ₹41.63, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Fiberweb (India)’s price movement.