Multibase India technical analysis

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 ₹165.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹168.75, ₹172.6, and ₹176.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹161.3, ₹157.7, and ₹153.85, 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.