Gujarat Metallic Coal & Coke technical analysis

GMETCOAL

30

0 (0.00%)
Last updated on 11 Mar, 2024 | 15:29 IST
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Gujarat Metallic Coal & Coke Resistance and Support

Pivot 30.83

Time Period:

Resistance

First Resistance

31.97

Second Resistance

33.95

Third Resistance

35.09

Support

First Support

28.85

Second Support

27.71

Third Support

25.73

Gujarat Metallic Coal & Coke Resistance and Support Summary

According to the latest Pivot data, Gujarat Metallic Coal & Coke’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 ₹30.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31.97, ₹33.95, and ₹35.09, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹28.85, ₹27.71, and ₹25.73, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Gujarat Metallic Coal & Coke’s price movement.

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