Riba Textiles technical analysis

According to the latest Pivot data, Riba Textiles’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 ₹73.78, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹74.96, ₹76.54, and ₹77.72, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹72.2, ₹71.02, and ₹69.44, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Riba Textiles’s price movement.