Mysore Petro Chemicals technical analysis

According to the latest Pivot data, Mysore Petro Chemicals’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 ₹123.85, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹124.6, ₹125.5, and ₹126.25, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹122.95, ₹122.2, and ₹121.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mysore Petro Chemicals’s price movement.