RMC Switchgears technical analysis

According to the latest Pivot data, RMC Switchgears’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 ₹770.93, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹775.46, ₹784.53, and ₹789.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹761.86, ₹757.33, and ₹748.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in RMC Switchgears’s price movement.