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 ₹1826.3, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1840, ₹1860.4, and ₹1874.1, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1805.9, ₹1792.2, and ₹1771.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in MPS’s price movement.