Mefcom Capital Markets technical analysis

According to the latest Pivot data, Mefcom Capital Markets’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 ₹14.12, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹14.48, ₹15.11, and ₹15.47, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹13.49, ₹13.13, and ₹12.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mefcom Capital Markets’s price movement.