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 ₹359.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹361.59, ₹366.42, and ₹368.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹354.34, ₹351.92, and ₹347.09, 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.