Sovereign Diamonds technical analysis

According to the latest Pivot data, Sovereign Diamonds’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 ₹37.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹38.96, ₹41.63, and ₹43.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹34.66, ₹33.03, and ₹30.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sovereign Diamonds’s price movement.