Sona Machinery technical analysis

According to the latest Pivot data, Sona Machinery’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 ₹39.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹39.91, ₹41.68, and ₹42.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹37.26, ₹36.38, and ₹34.61, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sona Machinery’s price movement.