Indraprastha Gas technical analysis

According to the latest Pivot data, Indraprastha Gas’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 ₹165.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹170.54, ₹174.68, and ₹179.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹161.78, ₹157.16, and ₹153.02, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Indraprastha Gas’s price movement.