New Swan Multitech technical analysis

According to the latest Pivot data, New Swan Multitech’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 ₹49, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹50.5, ₹52.99, and ₹54.49, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹46.51, ₹45.01, and ₹42.52, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in New Swan Multitech’s price movement.