Lokesh Machines technical analysis

According to the latest Pivot data, Lokesh Machines’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 ₹179.09, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹182.88, ₹185.77, and ₹189.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹176.2, ₹172.41, and ₹169.52, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Lokesh Machines’s price movement.