LMW technical analysis

According to the latest Pivot data, LMW’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 ₹16108.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16316.66, ₹16623.33, and ₹16831.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹15801.66, ₹15593.33, and ₹15286.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in LMW’s price movement.