Monte Carlo Fashions technical analysis

According to the latest Pivot data, Monte Carlo Fashions’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 ₹587.18, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹594.06, ₹605.78, and ₹612.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹575.46, ₹568.58, and ₹556.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Monte Carlo Fashions’s price movement.