Mahaveer Infoway technical analysis

According to the latest Pivot data, Mahaveer Infoway’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 ₹8.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹8.57, ₹8.77, and ₹9.17, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹7.97, ₹7.57, and ₹7.37, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mahaveer Infoway’s price movement.