Manaksia Steels technical analysis

According to the latest Pivot data, Manaksia Steels’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 ₹59.07, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹60.04, ₹61.22, and ₹62.19, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹57.89, ₹56.92, and ₹55.74, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Manaksia Steels’s price movement.