Star Paper Mills technical analysis

According to the latest Pivot data, Star Paper Mills’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 ₹153.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹155.86, ₹158.03, and ₹160.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹151.66, ₹149.63, and ₹147.46, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Star Paper Mills’s price movement.