GSM Foils technical analysis

According to the latest Pivot data, GSM Foils’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 ₹206.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹207.44, ₹208.87, and ₹209.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹205.04, ₹204.07, and ₹202.64, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in GSM Foils’s price movement.