Precision Electronics technical analysis

According to the latest Pivot data, Precision Electronics’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 ₹165.27, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹171.74, ₹179.47, and ₹185.94, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹157.54, ₹151.07, and ₹143.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Precision Electronics’s price movement.