Caprolactam Chemicals technical analysis

According to the latest Pivot data, Caprolactam Chemicals’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 ₹40.45, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹41.9, ₹43.8, and ₹45.25, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹38.55, ₹37.1, and ₹35.2, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Caprolactam Chemicals’s price movement.