South India Paper Mills technical analysis

According to the latest Pivot data, South India Paper Mills’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 ₹126.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹131.34, ₹141.17, and ₹146.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹116.34, ₹111.17, and ₹101.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in South India Paper Mills’s price movement.