Pine Labs technical analysis

According to the latest Pivot data, Pine Labs’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 ₹206.48, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹212.41, ₹216.23, and ₹222.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹202.66, ₹196.73, and ₹192.91, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Pine Labs’s price movement.