Mohit Paper Mills technical analysis

According to the latest Pivot data, Mohit Paper Mills’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 ₹29.77, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.94, ₹30.07, and ₹30.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹29.64, ₹29.47, and ₹29.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mohit Paper Mills’s price movement.