Thermax technical analysis

According to the latest Pivot data, Thermax’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 ₹4557.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹4691.5, ₹4792.4, and ₹4926.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹4456.6, ₹4322.6, and ₹4221.7, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Thermax’s price movement.