MPS technical analysis

According to the latest Pivot data, MPS’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 ₹2006.63, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2063.26, ₹2115.23, and ₹2171.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1954.66, ₹1898.03, and ₹1846.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in MPS’s price movement.