Southern Petrochemical Industries Corporation technical analysis

According to the latest Pivot data, Southern Petrochemical Industries Corporation’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 ₹70.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹71.84, ₹73.51, and ₹74.68, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹69, ₹67.83, and ₹66.16, 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 Petrochemical Industries Corporation’s price movement.