DCM Shriram technical analysis

According to the latest Pivot data, DCM Shriram’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 ₹1066.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1073.16, ₹1082.63, and ₹1089.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1056.76, ₹1049.83, and ₹1040.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in DCM Shriram’s price movement.