Rico Auto Industries technical analysis

According to the latest Pivot data, Rico Auto 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 ₹74.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹75.7, ₹78.51, and ₹80.11, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹71.29, ₹69.69, and ₹66.88, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Rico Auto Industries’s price movement.