Neo Infracon technical analysis

According to the latest Pivot data, Neo Infracon’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 ₹42.8, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹46.9, ₹53.8, and ₹57.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹35.9, ₹31.8, and ₹24.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Neo Infracon’s price movement.