Golden Carpets technical analysis

According to the latest Pivot data, Golden Carpets’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 ₹10.78, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹10.96, ₹11.33, and ₹11.51, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹10.41, ₹10.23, and ₹9.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Golden Carpets’s price movement.