Gita Renewable Energy technical analysis

According to the latest Pivot data, Gita Renewable Energy’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 ₹120.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹123.24, ₹127.37, and ₹129.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹116.74, ₹114.37, and ₹110.24, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Gita Renewable Energy’s price movement.