Loyal Equipments technical analysis

According to the latest Pivot data, Loyal Equipments’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 ₹163, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹165.75, ₹168.5, and ₹171.25, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹160.25, ₹157.5, and ₹154.75, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Loyal Equipments’s price movement.