Shalimar Paints Resistance and Support
Pivot 52.37
Time Period:
Resistance
First Resistance
52.73
Second Resistance
53.16
Third Resistance
53.52
Support
First Support
51.94
Second Support
51.58
Third Support
51.15
Shalimar Paints Resistance and Support Summary
According to the latest Pivot data, Shalimar Paints’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 ₹52.37, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹52.73, ₹53.16, and ₹53.52, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹51.94, ₹51.58, and ₹51.15, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shalimar Paints’s price movement.
