Pondy Oxides & Chemicals technical analysis

According to the latest Pivot data, Pondy Oxides & Chemicals’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 ₹1146.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1173.34, ₹1193.77, and ₹1220.44, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1126.24, ₹1099.57, and ₹1079.14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Pondy Oxides & Chemicals’s price movement.