Simplex Castings Resistance and Support
Pivot 116.42
Time Period:
Resistance
First Resistance
121.64
Second Resistance
126.67
Third Resistance
131.89
Support
First Support
111.39
Second Support
106.17
Third Support
101.14
Simplex Castings Resistance and Support Summary
According to the latest Pivot data, Simplex Castings’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 ₹116.42, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹121.64, ₹126.67, and ₹131.89, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹111.39, ₹106.17, and ₹101.14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Simplex Castings’s price movement.
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