Ultratech Cement technical analysis

According to the latest Pivot data, Ultratech Cement’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 ₹11419.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹11485.66, ₹11551.33, and ₹11617.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹11353.66, ₹11287.33, and ₹11221.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Ultratech Cement’s price movement.