Mahickra Chemicals technical analysis

According to the latest Pivot data, Mahickra Chemicals’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 ₹118.98, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹122.01, ₹123.53, and ₹126.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹117.46, ₹114.43, and ₹112.91, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mahickra Chemicals’s price movement.