Mehul Telecom technical analysis

According to the latest Pivot data, Mehul Telecom’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 ₹86.37, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹87.64, ₹88.27, and ₹89.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹85.74, ₹84.47, and ₹83.84, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mehul Telecom’s price movement.