Graphite India technical analysis

According to the latest Pivot data, Graphite India’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 ₹542, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹550.9, ₹563.8, and ₹572.7, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹529.1, ₹520.2, and ₹507.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Graphite India’s price movement.