RIR Power Electronics technical analysis

According to the latest Pivot data, RIR Power Electronics’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 ₹2579.73, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2695.46, ₹2781.68, and ₹2897.41, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2493.51, ₹2377.78, and ₹2291.56, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in RIR Power Electronics’s price movement.