Texel Industries technical analysis

According to the latest Pivot data, Texel 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 ₹127.27, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹128.49, ₹130.92, and ₹132.14, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹124.84, ₹123.62, and ₹121.19, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Texel Industries’s price movement.