Modern Threads (India) technical analysis

According to the latest Pivot data, Modern Threads (India)’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 ₹45.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹46.73, ₹49.02, and ₹50.37, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹43.09, ₹41.74, and ₹39.45, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Modern Threads (India)’s price movement.