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 ₹42.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹44.76, ₹47.53, and ₹50.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹39.46, ₹36.93, and ₹34.16, 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.