Globus Spirits technical analysis

According to the latest Pivot data, Globus Spirits’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 ₹857.45, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹871.9, ₹890.35, and ₹904.8, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹839, ₹824.55, and ₹806.1, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Globus Spirits’s price movement.