Greaves Cotton technical analysis

According to the latest Pivot data, Greaves Cotton’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 ₹195.29, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹199.33, ₹205.29, and ₹209.33, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹189.33, ₹185.29, and ₹179.33, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Greaves Cotton’s price movement.