Shelter Pharma technical analysis

According to the latest Pivot data, Shelter Pharma’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 ₹42.59, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹43.77, ₹46.13, and ₹47.31, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹40.23, ₹39.05, and ₹36.69, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shelter Pharma’s price movement.