Vivid Mercantile technical analysis

According to the latest Pivot data, Vivid Mercantile’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 ₹7.26, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹7.69, ₹7.95, and ₹8.38, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹7, ₹6.57, and ₹6.31, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Vivid Mercantile’s price movement.