Shivam Autotech technical analysis

According to the latest Pivot data, Shivam Autotech’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 ₹18.59, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹19.18, ₹20.04, and ₹20.63, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.73, ₹17.14, and ₹16.28, 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’s price movement.