GM Breweries technical analysis

According to the latest Pivot data, GM Breweries’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 ₹715.73, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹725.36, ₹742.63, and ₹752.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹698.46, ₹688.83, and ₹671.56, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in GM Breweries’s price movement.