Shipping Corporation of India Land and Assets technical analysis

According to the latest Pivot data, Shipping Corporation of India Land and Assets’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 ₹53.81, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹54.27, ₹55.06, and ₹55.52, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹53.02, ₹52.56, and ₹51.77, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shipping Corporation of India Land and Assets’s price movement.