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 ₹5.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹5.28, ₹5.36, and ₹5.42, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5.14, ₹5.08, and ₹5, 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.