Plaza Wires technical analysis

According to the latest Pivot data, Plaza Wires’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 ₹58.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹60.1, ₹62.2, and ₹63.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹56.8, ₹55.6, and ₹53.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Plaza Wires’s price movement.