Mega Flex Plastics technical analysis

According to the latest Pivot data, Mega Flex Plastics’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 ₹146.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹148.66, ₹149.58, and ₹151.41, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹145.91, ₹144.08, and ₹143.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mega Flex Plastics’s price movement.