Shree Cement technical analysis

According to the latest Pivot data, Shree Cement’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 ₹29291.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29488.34, ₹29666.67, and ₹29863.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹29113.34, ₹28916.67, and ₹28738.34, 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 Cement’s price movement.