Shiva Cement technical analysis

According to the latest Pivot data, Shiva Cement’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 ₹14.48, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹15.76, ₹16.48, and ₹17.76, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹13.76, ₹12.48, and ₹11.76, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shiva Cement’s price movement.