Novartis India technical analysis

According to the latest Pivot data, Novartis India’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 ₹1531.43, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1566.86, ₹1624.63, and ₹1660.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1473.66, ₹1438.23, and ₹1380.46, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Novartis India’s price movement.