Shree Ajit Pulp & Paper technical analysis

According to the latest Pivot data, Shree Ajit Pulp & Paper’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 ₹195.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹197.35, ₹199.65, and ₹201.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹193.4, ₹191.75, and ₹189.45, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shree Ajit Pulp & Paper’s price movement.