Shahi Shipping technical analysis

According to the latest Pivot data, Shahi Shipping’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 ₹17.64, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹18.17, ₹18.93, and ₹19.46, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.88, ₹16.35, and ₹15.59, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shahi Shipping’s price movement.