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 ₹49.34, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹49.67, ₹50.33, and ₹50.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹48.68, ₹48.35, and ₹47.69, 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.