Iris Clothings technical analysis

According to the latest Pivot data, Iris Clothings’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 ₹58.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹59.38, ₹60.52, and ₹61.55, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹57.21, ₹56.18, and ₹55.04, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Iris Clothings’s price movement.