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 ₹99.97, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹102.94, ₹104.97, and ₹107.94, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹97.94, ₹94.97, and ₹92.94, 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.