Indigo Paints technical analysis

According to the latest Pivot data, Indigo Paints’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 ₹1113.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1136.44, ₹1152.27, and ₹1174.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1098.04, ₹1075.47, and ₹1059.64, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Indigo Paints’s price movement.