Simran Farms technical analysis

According to the latest Pivot data, Simran Farms’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 ₹165.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹166.66, ₹168.23, and ₹169.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹164.26, ₹163.43, and ₹161.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Simran Farms’s price movement.