Alembic Pharmaceuticals technical analysis

According to the latest Pivot data, Alembic Pharmaceuticals’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 ₹941.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹953.74, ₹974.37, and ₹986.44, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹921.04, ₹908.97, and ₹888.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Alembic Pharmaceuticals’s price movement.