Renaissance Global technical analysis

According to the latest Pivot data, Renaissance Global’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 ₹119.96, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹122.6, ₹125.32, and ₹127.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹117.24, ₹114.6, and ₹111.88, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Renaissance Global’s price movement.