Sonal Adhesives technical analysis

According to the latest Pivot data, Sonal Adhesives’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 ₹34.49, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹37.43, ₹38.92, and ₹41.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹33, ₹30.06, and ₹28.57, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sonal Adhesives’s price movement.