Mewar Hi-Tech Engineering technical analysis

According to the latest Pivot data, Mewar Hi-Tech Engineering’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 ₹55.84, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹59.47, ₹61.28, and ₹64.91, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹54.03, ₹50.4, and ₹48.59, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mewar Hi-Tech Engineering’s price movement.