Ishan Dyes and Chemicals technical analysis

According to the latest Pivot data, Ishan Dyes and Chemicals’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 ₹58.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹60.19, ₹62.31, and ₹63.63, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹56.75, ₹55.43, and ₹53.31, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Ishan Dyes and Chemicals’s price movement.