Morgan Ventures technical analysis

According to the latest Pivot data, Morgan Ventures’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 ₹108.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹112.2, ₹116.9, and ₹120.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹104, ₹100.5, and ₹95.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Morgan Ventures’s price movement.