Motisons Jewellers technical analysis

According to the latest Pivot data, Motisons Jewellers’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 ₹20.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹21.14, ₹22.17, and ₹22.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹19.54, ₹18.97, and ₹17.94, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Motisons Jewellers’s price movement.