Indian Bank technical analysis

According to the latest Pivot data, Indian Bank’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 ₹617.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹623.25, ₹631.35, and ₹636.7, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹609.8, ₹604.45, and ₹596.35, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Indian Bank’s price movement.