Delhivery technical analysis

According to the latest Pivot data, Delhivery’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 ₹433.13, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹439.26, ₹447.13, and ₹453.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹425.26, ₹419.13, and ₹411.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Delhivery’s price movement.