Grasim Industries technical analysis

According to the latest Pivot data, Grasim 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 ₹2866.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2886.74, ₹2909.97, and ₹2930.04, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2843.44, ₹2823.37, and ₹2800.14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Grasim Industries’s price movement.