Rama Paper Mills technical analysis

According to the latest Pivot data, Rama Paper 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 ₹12.08, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹12.09, ₹12.11, and ₹12.12, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹12.06, ₹12.05, and ₹12.03, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Rama Paper Mills’s price movement.