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 ₹119.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹121.83, ₹124.59, and ₹126.5, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹117.16, ₹115.25, and ₹112.49, 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.