Bharat Parenterals technical analysis

According to the latest Pivot data, Bharat Parenterals’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 ₹1097.93, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1129.81, ₹1171.88, and ₹1203.76, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1055.86, ₹1023.98, and ₹981.91, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Bharat Parenterals’s price movement.