SPP Polymer technical analysis

According to the latest Pivot data, SPP Polymer’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 ₹17.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹17.86, ₹18.43, and ₹18.71, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.01, ₹16.73, and ₹16.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SPP Polymer’s price movement.