Mahanagar Telephone Nigam technical analysis

According to the latest Pivot data, Mahanagar Telephone Nigam’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 ₹32.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹32.7, ₹33.64, and ₹34.19, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹31.21, ₹30.66, and ₹29.72, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mahanagar Telephone Nigam’s price movement.