Concord Biotech Resistance and Support
Pivot 1500
Time Period:
Resistance
First Resistance
1528.3
Second Resistance
1574.7
Third Resistance
1603
Support
First Support
1453.6
Second Support
1425.3
Third Support
1378.9
Concord Biotech Resistance and Support Summary
According to the latest Pivot data, Concord Biotech’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 ₹1500, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1528.3, ₹1574.7, and ₹1603, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1453.6, ₹1425.3, and ₹1378.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Concord Biotech’s price movement.
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