Jain Irrigation Systems technical analysis

According to the latest Pivot data, Jain Irrigation Systems’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 ₹61, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹62, ₹63.7, and ₹64.7, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹59.3, ₹58.3, and ₹56.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Jain Irrigation Systems’s price movement.