Sreechem Resins technical analysis

According to the latest Pivot data, Sreechem Resins’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 ₹37.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹39.24, ₹40.19, and ₹42.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹36.4, ₹34.51, and ₹33.56, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sreechem Resins’s price movement.