Sovereign Diamonds Resistance and Support
Pivot 23.46
Time Period:
Resistance
First Resistance
23.52
Second Resistance
23.64
Third Resistance
23.7
Support
First Support
23.34
Second Support
23.28
Third Support
23.16
Sovereign Diamonds Resistance and Support Summary
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 ₹23.46, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹23.52, ₹23.64, and ₹23.7, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹23.34, ₹23.28, and ₹23.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sovereign Diamonds’s price movement.
