Relicab Cable Manufacturing technical analysis

According to the latest Pivot data, Relicab Cable Manufacturing’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 ₹37.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹38.4, ₹39.19, and ₹40.39, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹36.41, ₹35.21, and ₹34.42, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Relicab Cable Manufacturing’s price movement.