Mihika Industries technical analysis

According to the latest Pivot data, Mihika Industries’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 ₹22.76, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹23.93, ₹25.89, and ₹27.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹20.8, ₹19.63, and ₹17.67, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mihika Industries’s price movement.