Raj Oil Mills technical analysis

According to the latest Pivot data, Raj Oil Mills’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 ₹45.26, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹47.43, ₹49.65, and ₹51.82, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹43.04, ₹40.87, and ₹38.65, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Raj Oil Mills’s price movement.