Shivam Chemicals technical analysis

According to the latest Pivot data, Shivam Chemicals’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 ₹126.75, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹130.5, ₹132.4, and ₹136.15, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹124.85, ₹121.1, and ₹119.2, 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 Chemicals’s price movement.