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 ₹173.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹179.26, ₹190.98, and ₹196.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹161.66, ₹155.78, and ₹144.06, 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.