Somi Conveyor Beltings technical analysis

According to the latest Pivot data, Somi Conveyor Beltings’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 ₹153.01, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹156.02, ₹160.12, and ₹163.13, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹148.91, ₹145.9, and ₹141.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Somi Conveyor Beltings’s price movement.