Shahi Shipping Resistance and Support
Pivot 12.02
Time Period:
Resistance
First Resistance
12.54
Second Resistance
12.96
Third Resistance
13.48
Support
First Support
11.6
Second Support
11.08
Third Support
10.66
Shahi Shipping Resistance and Support Summary
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 ₹12.02, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹12.54, ₹12.96, and ₹13.48, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹11.6, ₹11.08, and ₹10.66, 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.
