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 ₹153.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹156.84, ₹161.05, and ₹164.42, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹149.26, ₹145.89, and ₹141.68, 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.