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 ₹73.09, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹74.68, ₹76.28, and ₹77.87, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹71.49, ₹69.9, and ₹68.3, 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.