Sharat Industries technical analysis

According to the latest Pivot data, Sharat Industries’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 ₹153.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹156.79, ₹160.08, and ₹162.97, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹150.61, ₹147.72, and ₹144.43, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sharat Industries’s price movement.