Subam Papers technical analysis

According to the latest Pivot data, Subam Papers’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 ₹172.45, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹177.6, ₹183.15, and ₹188.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹166.9, ₹161.75, and ₹156.2, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Subam Papers’s price movement.