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 ₹79.34, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹81.58, ₹83.23, and ₹85.47, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹77.69, ₹75.45, and ₹73.8, 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.