Gulf Oil Lubricants India technical analysis

According to the latest Pivot data, Gulf Oil Lubricants 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 ₹1202.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1221.24, ₹1238.67, and ₹1257.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1185.14, ₹1166.47, and ₹1149.04, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Gulf Oil Lubricants India’s price movement.