Colinz Laboratories technical analysis

According to the latest Pivot data, Colinz 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 ₹50.68, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹51.32, ₹51.64, and ₹52.28, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹50.36, ₹49.72, and ₹49.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Colinz Laboratories’s price movement.