Network 18 Media & Investments technical analysis

According to the latest Pivot data, Network 18 Media & Investments’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 ₹52.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹53.65, ₹54.82, and ₹55.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹51.66, ₹50.84, and ₹49.67, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Network 18 Media & Investments’s price movement.