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 ₹16649.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16749.34, ₹16869.67, and ₹16969.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16529.34, ₹16429.67, and ₹16309.34, 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.