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 ₹163.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹166.66, ₹169.33, and ₹172.71, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹160.61, ₹157.23, and ₹154.56, 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.