Mangalore Refinery And Petrochemicals technical analysis

According to the latest Pivot data, Mangalore Refinery And Petrochemicals’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 ₹197.44, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹200.68, ₹204.22, and ₹207.46, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹193.9, ₹190.66, and ₹187.12, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mangalore Refinery And Petrochemicals’s price movement.