Finolex Cables technical analysis

According to the latest Pivot data, Finolex Cables’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 ₹804.42, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹817.34, ₹835.92, and ₹848.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹785.84, ₹772.92, and ₹754.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Finolex Cables’s price movement.