Eastern Silk Industries technical analysis

According to the latest Pivot data, Eastern Silk Industries’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 ₹60.32, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹61.64, ₹62.3, and ₹63.62, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹59.66, ₹58.34, and ₹57.68, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Eastern Silk Industries’s price movement.