Simmonds Marshall technical analysis

According to the latest Pivot data, Simmonds Marshall’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 ₹124.6, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹126.7, ₹129.9, and ₹132, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹121.4, ₹119.3, and ₹116.1, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Simmonds Marshall’s price movement.