Nirlon technical analysis

According to the latest Pivot data, Nirlon’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 ₹496.95, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹508.1, ₹516.2, and ₹527.35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹488.85, ₹477.7, and ₹469.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Nirlon’s price movement.