IFCI technical analysis

According to the latest Pivot data, IFCI’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 ₹58.41, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹59.82, ₹62.19, and ₹63.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹56.04, ₹54.63, and ₹52.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in IFCI’s price movement.