Oceanic Foods technical analysis

According to the latest Pivot data, Oceanic Foods’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 ₹61.96, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹62.92, ₹63.67, and ₹64.63, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹61.21, ₹60.25, and ₹59.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Oceanic Foods’s price movement.