MFS Intercorp technical analysis

According to the latest Pivot data, MFS Intercorp’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 ₹15.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16, ₹16.25, and ₹16.75, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹15.25, ₹14.75, and ₹14.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in MFS Intercorp’s price movement.