R&B Denims technical analysis

According to the latest Pivot data, R&B Denims’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 ₹189.94, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹190.88, ₹191.44, and ₹192.38, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹189.38, ₹188.44, and ₹187.88, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in R&B Denims’s price movement.