Meghna Infracon Infrastructure technical analysis

According to the latest Pivot data, Meghna Infracon Infrastructure’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 ₹1070.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1085.76, ₹1101.23, and ₹1116.61, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1054.91, ₹1039.53, and ₹1024.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Meghna Infracon Infrastructure’s price movement.