Deepak Chemtex technical analysis

According to the latest Pivot data, Deepak Chemtex’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 ₹94.66, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹97.32, ₹98.65, and ₹101.31, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹93.33, ₹90.67, and ₹89.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Deepak Chemtex’s price movement.