Sundaram Multi Pap technical analysis

According to the latest Pivot data, Sundaram Multi Pap’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 ₹2.1, ₹2.16, and ₹2.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2, ₹1.96, and ₹1.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sundaram Multi Pap’s price movement.