Devyani International technical analysis

According to the latest Pivot data, Devyani International’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 ₹118.46, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹120.58, ₹123.12, and ₹125.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹115.92, ₹113.8, and ₹111.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Devyani International’s price movement.