Rex Sealing and Packing Industries technical analysis

According to the latest Pivot data, Rex Sealing and Packing 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 ₹166, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹170, ₹172, and ₹176, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹164, ₹160, and ₹158, 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 Sealing and Packing Industries’s price movement.