Magadh Sugar & Energy Resistance and Support
Pivot 558.22
Time Period:
Resistance
First Resistance
565.44
Second Resistance
576.22
Third Resistance
583.44
Support
First Support
547.44
Second Support
540.22
Third Support
529.44
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 ₹558.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹565.44, ₹576.22, and ₹583.44, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹547.44, ₹540.22, and ₹529.44, 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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