Soni Medicare technical analysis

According to the latest Pivot data, Soni Medicare’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 ₹52.18, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹54.39, ₹55.74, and ₹57.95, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹50.83, ₹48.62, and ₹47.27, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Soni Medicare’s price movement.