Maiden Forgings technical analysis

According to the latest Pivot data, Maiden Forgings’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 ₹71.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹71.34, ₹71.67, and ₹71.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹70.84, ₹70.67, and ₹70.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Maiden Forgings’s price movement.