Sobhagya Mercantile technical analysis

According to the latest Pivot data, Sobhagya Mercantile’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 ₹455.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹466.8, ₹472.6, and ₹484.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹449.4, ₹437.8, and ₹432, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sobhagya Mercantile’s price movement.