Meghmani Organics technical analysis

According to the latest Pivot data, Meghmani Organics’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 ₹52.43, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹53.26, ₹54.57, and ₹55.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹51.12, ₹50.29, and ₹48.98, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Meghmani Organics’s price movement.