Prakash Steelage technical analysis

According to the latest Pivot data, Prakash Steelage’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 ₹6.04, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹6.33, ₹6.67, and ₹6.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5.7, ₹5.41, and ₹5.07, 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 Steelage’s price movement.