Polymechplast Machines technical analysis

According to the latest Pivot data, Polymechplast Machines’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 ₹48.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹49.4, ₹50.7, and ₹51.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹47.4, ₹46.7, and ₹45.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Polymechplast Machines’s price movement.