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 ₹183.79, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹188.6, ₹198.21, and ₹203.02, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹174.18, ₹169.37, and ₹159.76, 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.