Bonlon Industries technical analysis

According to the latest Pivot data, Bonlon 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 ₹31.88, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹32.76, ₹33.76, and ₹34.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹30.88, ₹30, and ₹29, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Bonlon Industries’s price movement.