Muthoot Microfin technical analysis

According to the latest Pivot data, Muthoot Microfin’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 ₹182.99, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹185.71, ₹190.6, and ₹193.32, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹178.1, ₹175.38, and ₹170.49, 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 Microfin’s price movement.