Shah Foods technical analysis

According to the latest Pivot data, Shah 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 ₹162.05, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹162.05, ₹162.05, and ₹162.05, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹162.05, ₹162.05, and ₹162.05, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shah Foods’s price movement.