Ideal Technoplast Industries technical analysis

According to the latest Pivot data, Ideal Technoplast 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 ₹135.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹141.74, ₹145.87, and ₹151.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹131.74, ₹125.87, and ₹121.74, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Ideal Technoplast Industries’s price movement.