Shanthi Gears technical analysis

According to the latest Pivot data, Shanthi Gears’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 ₹409.98, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹417.91, ₹424.38, and ₹432.31, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹403.51, ₹395.58, and ₹389.11, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shanthi Gears’s price movement.