Munoth Capital Markets technical analysis

According to the latest Pivot data, Munoth Capital Markets’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 ₹103.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹103.74, ₹103.77, and ₹103.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹103.64, ₹103.57, and ₹103.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Munoth Capital Markets’s price movement.