Shivam Autotech - (Rights Entitlements (REs1)) Technical Analysis

According to the latest Pivot data, Shivam Autotech - (Rights Entitlements (REs1))’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 ₹0.96, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1.15, ₹1.47, and ₹1.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹0.64, ₹0.45, and ₹0.13, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shivam Autotech - (Rights Entitlements (REs1))’s price movement.