MTARTECH 1 Week Time Frame

📊 Current Price Snapshot

MTAR Technologies closed around ₹2,931–₹2,932 recently.

📈 Weekly Pivot & Support/Resistance Levels

(Important zones likely to act as reference over ~1 week)

🔹 Pivot Levels

These are calculated based on recent price activity and help gauge short-term bias:

Central Pivot ≈ ₹2,909–₹2,954 (key balance level)

🔹 Resistance Levels

Potential upside barriers where price may slow/reverse:

₹2,995–₹3,031 near short-term upper range

₹3,100–₹3,178 next resistance cluster

Above ₹3,200 breakout target (longer weekly/extension)

🔻 Support Levels

Important zones to watch if price pulls back:

₹2,741–₹2,762 area (S1) — near immediate short-term support

₹2,562–₹2,600 range (S2) — strong secondary support

₹2,461–₹2,500 (S3/S4) — deeper pullback zone

These resistances/supports are based on pivot point calculations & Fibonacci extensions covering multiple pivot methods.

📊 Technical Indicators (Short-Term Context)

Moving averages (20, 50, 100, 200 DMA) are largely bullish in daily/weekly analysis, supporting upward momentum.

RSI is near bullish territory but approaching overbought on shorter frames — indicating possible consolidation ahead.

Some technical tools show short-term buy signals; others show neutral — indicating range movement with upside bias.

📌 How to Use These Levels

Bullish Scenario:
➡ Price sustaining above the pivot (~₹2,890-₹2,950) suggests continuation toward ₹3,000 → ₹3,100+ resistance levels.

Bearish/Retracement Scenario:
➡ Failure below pivot or key support near ₹2,740 could trigger pullbacks toward ₹2,600 → ₹2,500 support zones.

This setup works well for 3–7 day trading or planning entry/exit zones.