CHD Chemicals technical analysis

According to the latest Pivot data, CHD 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 ₹5.97, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹6.25, ₹6.53, and ₹6.81, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5.69, ₹5.41, and ₹5.13, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in CHD Chemicals’s price movement.