MOS Utility technical analysis

According to the latest Pivot data, MOS Utility’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 ₹17.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹18.19, ₹18.62, and ₹18.94, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.44, ₹17.12, and ₹16.69, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in MOS Utility’s price movement.