Shricon Industries technical analysis

According to the latest Pivot data, Shricon Industries’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 ₹204.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹204.49, ₹205.02, and ₹205.29, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹203.69, ₹203.42, and ₹202.89, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shricon Industries’s price movement.