Mitsu Chem Plast technical analysis

According to the latest Pivot data, Mitsu Chem Plast’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 ₹112.68, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹114.36, ₹116.68, and ₹118.36, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹110.36, ₹108.68, and ₹106.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mitsu Chem Plast’s price movement.