MRF Technical Analysis

According to the latest Pivot data, MRF’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 ₹124693.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹126386.66, ₹127493.33, and ₹129186.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹123586.66, ₹121893.33, and ₹120786.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in MRF’s price movement.