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 ₹261.65, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹273.3, ₹286.65, and ₹298.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹248.3, ₹236.65, and ₹223.3, 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.