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 ₹121.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹122.82, ₹124.53, and ₹125.88, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹119.76, ₹118.41, and ₹116.7, 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.