Wires & Fabriks (SA.). technical analysis

According to the latest Pivot data, Wires & Fabriks (SA.).’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 ₹199.12, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹199.79, ₹200.17, and ₹200.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹198.74, ₹198.07, and ₹197.69, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Wires & Fabriks (SA.).’s price movement.