Chemfab Alkalis technical analysis

According to the latest Pivot data, Chemfab Alkalis’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 ₹392.43, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹399.06, ₹404.48, and ₹411.11, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹387.01, ₹380.38, and ₹374.96, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Chemfab Alkalis’s price movement.