Manglam Infra & Engineering technical analysis

According to the latest Pivot data, Manglam Infra & Engineering’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 ₹16.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16.89, ₹16.92, and ₹16.94, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.84, ₹16.82, and ₹16.79, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Manglam Infra & Engineering’s price movement.