Reliance Chemotex Industries technical analysis

According to the latest Pivot data, Reliance Chemotex Industries’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 ₹123.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹126.64, ₹129.21, and ₹131.93, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹121.35, ₹118.63, and ₹116.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Reliance Chemotex Industries’s price movement.