Electrotherm (India) technical analysis

According to the latest Pivot data, Electrotherm (India)’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 ₹1151.8, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1163.6, ₹1177.1, and ₹1188.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1138.3, ₹1126.5, and ₹1113, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Electrotherm (India)’s price movement.