Megastar Foods technical analysis

According to the latest Pivot data, Megastar Foods’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 ₹228.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹232.66, ₹235.83, and ₹240.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹225.16, ₹220.83, and ₹217.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Megastar Foods’s price movement.