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 ₹8.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹9.23, ₹9.79, and ₹10.35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹8.11, ₹7.55, and ₹6.99, 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.