REX Pipes and Cables Industries technical analysis

According to the latest Pivot data, REX Pipes and Cables Industries’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 ₹198.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹202.84, ₹208.67, and ₹212.59, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹193.09, ₹189.17, and ₹183.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in REX Pipes and Cables Industries’s price movement.