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 ₹725.55, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹740.1, ₹749.35, and ₹763.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹716.3, ₹701.75, and ₹692.5, 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.