Modi Rubber technical analysis

According to the latest Pivot data, Modi Rubber’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 ₹132.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹138.09, ₹143.39, and ₹148.78, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹127.4, ₹122.01, and ₹116.71, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Modi Rubber’s price movement.