Alok Industries technical analysis

According to the latest Pivot data, Alok Industries’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 ₹19.06, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹19.62, ₹20.36, and ₹20.92, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹18.32, ₹17.76, and ₹17.02, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Alok Industries’s price movement.