Premier Explosives technical analysis

According to the latest Pivot data, Premier Explosives’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 ₹589.62, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹604.34, ₹621.37, and ₹636.09, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹572.59, ₹557.87, and ₹540.84, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Premier Explosives’s price movement.