Lupin technical analysis

According to the latest Pivot data, Lupin’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 ₹2493.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2532.34, ₹2561.37, and ₹2600.04, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2464.64, ₹2425.97, and ₹2396.94, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Lupin’s price movement.