Renol Polychem technical analysis

According to the latest Pivot data, Renol Polychem’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 ₹142.62, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹143.94, ₹146.32, and ₹147.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹140.24, ₹138.92, and ₹136.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Renol Polychem’s price movement.