IL&FS Transportation Networks technical analysis

According to the latest Pivot data, IL&FS Transportation Networks’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 ₹3.77, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3.92, ₹4.1, and ₹4.25, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹3.59, ₹3.44, and ₹3.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in IL&FS Transportation Networks’s price movement.