Madhusudan Securities technical analysis

According to the latest Pivot data, Madhusudan Securities’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 ₹23.08, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹23.56, ₹24.48, and ₹24.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹22.16, ₹21.68, and ₹20.76, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Madhusudan Securities’s price movement.