Choksi Laboratories technical analysis

According to the latest Pivot data, Choksi Laboratories’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 ₹111.63, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹114.26, ₹117.58, and ₹120.21, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹108.31, ₹105.68, and ₹102.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Choksi Laboratories’s price movement.