Concord Drugs technical analysis

According to the latest Pivot data, Concord Drugs’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 ₹30.52, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31.04, ₹31.31, and ₹31.83, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹30.25, ₹29.73, and ₹29.46, 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 Drugs’s price movement.