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 ₹57.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹58.15, ₹58.9, and ₹59.95, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹56.35, ₹55.3, and ₹54.55, 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.