Orkla India technical analysis

According to the latest Pivot data, Orkla 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 ₹564.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹584.74, ₹596.42, and ₹616.99, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹552.49, ₹531.92, and ₹520.24, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Orkla India’s price movement.