Sharda Motor Industries technical analysis

According to the latest Pivot data, Sharda Motor 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 ₹813.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹852.16, ₹877.08, and ₹915.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹788.66, ₹750.08, and ₹725.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sharda Motor Industries’s price movement.