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 ₹1164.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1176.26, ₹1183.93, and ₹1195.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1156.66, ₹1144.73, and ₹1137.06, 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.