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 ₹723.85, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹730.65, ₹737.55, and ₹744.35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹716.95, ₹710.15, and ₹703.25, 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.