Texmaco Rail & Engineering technical analysis

According to the latest Pivot data, Texmaco Rail & Engineering’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 ₹159.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹164, ₹170.18, and ₹174.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹153.74, ₹149.66, and ₹143.48, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Texmaco Rail & Engineering’s price movement.