Sonam technical analysis

According to the latest Pivot data, Sonam’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 ₹48.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹49.19, ₹49.98, and ₹51.07, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹47.31, ₹46.22, and ₹45.43, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sonam’s price movement.