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 ₹49.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹51, ₹51.85, and ₹53.35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹48.65, ₹47.15, and ₹46.3, 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.