Prakash Pipes technical analysis

According to the latest Pivot data, Prakash Pipes’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 ₹402.73, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹409.86, ₹421.03, and ₹428.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹391.56, ₹384.43, and ₹373.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Prakash Pipes’s price movement.