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 ₹66.68, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹68.06, ₹70.51, and ₹71.89, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹64.23, ₹62.85, and ₹60.4, 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.