Mayur Leather Products technical analysis

According to the latest Pivot data, Mayur Leather Products’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 ₹16.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹17.04, ₹17.27, and ₹17.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.34, ₹15.87, and ₹15.64, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mayur Leather Products’s price movement.