The Indian Wood Products Company technical analysis

According to the latest Pivot data, The Indian Wood Products Company’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 ₹44.79, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹46.24, ₹48.44, and ₹49.89, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹42.59, ₹41.14, and ₹38.94, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in The Indian Wood Products Company’s price movement.