Music Broadcast technical analysis

According to the latest Pivot data, Music Broadcast’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 ₹6.04, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹6.13, ₹6.25, and ₹6.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5.92, ₹5.83, and ₹5.71, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Music Broadcast’s price movement.