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 ₹625.12, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹633.14, ₹646.02, and ₹654.04, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹612.24, ₹604.22, and ₹591.34, 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.