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 ₹85.6, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹87.2, ₹89.57, and ₹91.17, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹83.23, ₹81.63, and ₹79.26, 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.