Nitiraj Engineers technical analysis

According to the latest Pivot data, Nitiraj Engineers’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 ₹196.86, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹203.72, ₹207.86, and ₹214.72, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹192.72, ₹185.86, and ₹181.72, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Nitiraj Engineers’s price movement.