Muller & Phipps (India) technical analysis

According to the latest Pivot data, Muller & Phipps (India)’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 ₹226.88, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹228.96, ₹232.08, and ₹234.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹223.76, ₹221.68, and ₹218.56, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Muller & Phipps (India)’s price movement.