Trident technical analysis

According to the latest Pivot data, Trident’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 ₹29.51, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.97, ₹30.74, and ₹31.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹28.74, ₹28.28, and ₹27.51, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Trident’s price movement.