Rasi Electrodes technical analysis

According to the latest Pivot data, Rasi Electrodes’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 ₹18.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹18.71, ₹18.94, and ₹19.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹18.34, ₹18.2, and ₹17.97, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Rasi Electrodes’s price movement.