Allcargo Logistics technical analysis

According to the latest Pivot data, Allcargo Logistics’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 ₹8.61, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹8.68, ₹8.8, and ₹8.87, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹8.49, ₹8.42, and ₹8.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Allcargo Logistics’s price movement.