PVR Inox technical analysis

According to the latest Pivot data, PVR Inox’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 ₹1028, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1035.3, ₹1047.3, and ₹1054.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1016, ₹1008.7, and ₹996.7, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in PVR Inox’s price movement.