SMS Pharmaceuticals technical analysis

According to the latest Pivot data, SMS Pharmaceuticals’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 ₹228.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹249.3, ₹271.5, and ₹292.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹206.3, ₹185.5, and ₹163.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SMS Pharmaceuticals’s price movement.