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 ₹30.54, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31.08, ₹31.99, and ₹32.53, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹29.63, ₹29.09, and ₹28.18, 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.