Loyal Textile Mills technical analysis

According to the latest Pivot data, Loyal Textile Mills’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 ₹239.32, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹243.44, ₹251.11, and ₹255.23, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹231.65, ₹227.53, and ₹219.86, 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 Textile Mills’s price movement.