Jubilant FoodWorks technical analysis

According to the latest Pivot data, Jubilant FoodWorks’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 ₹517.27, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹523.89, ₹531.62, and ₹538.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹509.54, ₹502.92, and ₹495.19, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Jubilant FoodWorks’s price movement.