Shilpa Medicare technical analysis

According to the latest Pivot data, Shilpa Medicare’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 ₹475.78, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹487.41, ₹502.38, and ₹514.01, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹460.81, ₹449.18, and ₹434.21, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shilpa Medicare’s price movement.