Infra Industries technical analysis

INFRAIND

9.5

0 (0.00%)
Last updated on 22 Sep, 2023 | 15:13 IST
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Infra Industries Resistance and Support

Pivot 9.83

Time Period:

Resistance

First Resistance

10.16

Second Resistance

10.81

Third Resistance

11.14

Support

First Support

9.18

Second Support

8.85

Third Support

8.2

Infra Industries Resistance and Support Summary

According to the latest Pivot data, Infra Industries’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 ₹9.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹10.16, ₹10.81, and ₹11.14, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹9.18, ₹8.85, and ₹8.2, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Infra Industries’s price movement.

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