Simandhar Impex technical analysis

According to the latest Pivot data, Simandhar Impex’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 ₹154.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹156.7, ₹161.55, and ₹164.1, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹149.3, ₹146.75, and ₹141.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Simandhar Impex’s price movement.