Greenlam Industries technical analysis

According to the latest Pivot data, Greenlam 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 ₹235.85, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹239.7, ₹244.55, and ₹248.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹231, ₹227.15, and ₹222.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Greenlam Industries’s price movement.