Sumeru Industries technical analysis

According to the latest Pivot data, Sumeru Industries’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 ₹2.06, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2.12, ₹2.19, and ₹2.25, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1.99, ₹1.93, and ₹1.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sumeru Industries’s price movement.