Dr Reddy's Laboratories. technical analysis

According to the latest Pivot data, Dr Reddy's Laboratories.’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 ₹1284.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1293.16, ₹1304.03, and ₹1312.36, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1273.96, ₹1265.63, and ₹1254.76, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Dr Reddy's Laboratories.’s price movement.