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 ₹38.41, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹38.55, ₹38.83, and ₹38.97, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹38.13, ₹37.99, and ₹37.71, 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.