Shalby technical analysis

According to the latest Pivot data, Shalby’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 ₹171.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹172.76, ₹173.96, and ₹175.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹170.18, ₹168.8, and ₹167.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shalby’s price movement.