Rose Merc. technical analysis

According to the latest Pivot data, Rose Merc.’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 ₹45.81, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹47.36, ₹50.45, and ₹52, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹42.72, ₹41.17, and ₹38.08, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Rose Merc.’s price movement.