Multibase India Resistance and Support
Pivot 172.25
Time Period:
Resistance
First Resistance
176.5
Second Resistance
179.25
Third Resistance
183.5
Support
First Support
169.5
Second Support
165.25
Third Support
162.5
Multibase India Resistance and Support Summary
According to the latest Pivot data, Multibase 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 ₹172.25, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹176.5, ₹179.25, and ₹183.5, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹169.5, ₹165.25, and ₹162.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Multibase India’s price movement.
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