Southern Latex technical analysis

According to the latest Pivot data, Southern Latex’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 ₹28.99, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31.48, ₹33.47, and ₹35.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹27, ₹24.51, and ₹22.52, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Southern Latex’s price movement.