Power Mech Projects technical analysis

According to the latest Pivot data, Power Mech Projects’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 ₹2163.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2202.66, ₹2234.03, and ₹2272.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2132.46, ₹2093.63, and ₹2062.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Power Mech Projects’s price movement.