Uday Jewellery Industries technical analysis

According to the latest Pivot data, Uday Jewellery 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 ₹154.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹156.06, ₹159.33, and ₹161.11, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹151.01, ₹149.23, and ₹145.96, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Uday Jewellery Industries’s price movement.