Innocorp technical analysis

According to the latest Pivot data, Innocorp’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 ₹5.04, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹5.07, ₹5.13, and ₹5.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹4.98, ₹4.95, and ₹4.89, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Innocorp’s price movement.