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 ₹496.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹497.46, ₹499.23, and ₹500.46, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹494.46, ₹493.23, and ₹491.46, 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.