Muthoot Finance technical analysis

According to the latest Pivot data, Muthoot Finance’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 ₹2644.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2662.84, ₹2688.57, and ₹2707.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2618.44, ₹2599.77, and ₹2574.04, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Muthoot Finance’s price movement.