Porwal Auto Components technical analysis

According to the latest Pivot data, Porwal Auto Components’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 ₹56.21, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹56.87, ₹57.65, and ₹58.31, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹55.43, ₹54.77, and ₹53.99, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Porwal Auto Components’s price movement.