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 ₹1167.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1189.06, ₹1220.93, and ₹1242.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1135.16, ₹1113.13, and ₹1081.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Finolex Cables’s price movement.