MOIL technical analysis

According to the latest Pivot data, MOIL’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 ₹359.78, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹366.26, ₹375.33, and ₹381.81, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹350.71, ₹344.23, and ₹335.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in MOIL’s price movement.