Magadh Sugar & Energy Resistance and Support
Pivot 611.95
Time Period:
Resistance
First Resistance
640.65
Second Resistance
660.7
Third Resistance
689.4
Support
First Support
591.9
Second Support
563.2
Third Support
543.15
Magadh Sugar & Energy Resistance and Support Summary
According to the latest Pivot data, Magadh Sugar & Energy’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 ₹611.95, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹640.65, ₹660.7, and ₹689.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹591.9, ₹563.2, and ₹543.15, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Magadh Sugar & Energy’s price movement.
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