Polycab India technical analysis

According to the latest Pivot data, Polycab India’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 ₹9055.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹9186.66, ₹9266.83, and ₹9398.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹8975.16, ₹8843.83, and ₹8763.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Polycab India’s price movement.