Classic Electrodes (India) technical analysis

According to the latest Pivot data, Classic Electrodes (India)’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 ₹52.8, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹54.9, ₹56.55, and ₹58.65, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹51.15, ₹49.05, and ₹47.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Classic Electrodes (India)’s price movement.