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 ₹916.18, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹942.36, ₹963.18, and ₹989.36, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹895.36, ₹869.18, and ₹848.36, 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.