Globe Commercials technical analysis

According to the latest Pivot data, Globe Commercials’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 ₹32.93, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹33.9, ₹35.8, and ₹36.77, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹31.03, ₹30.06, and ₹28.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Globe Commercials’s price movement.