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 ₹120.08, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹125.06, ₹130.23, and ₹135.21, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹114.91, ₹109.93, and ₹104.76, 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.