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 ₹107.53, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹112.06, ₹115.53, and ₹120.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹104.06, ₹99.53, and ₹96.06, 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.