Union Quality Plastics technical analysis

According to the latest Pivot data, Union Quality Plastics’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 ₹17.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹17.94, ₹18.22, and ₹18.78, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.1, ₹16.54, and ₹16.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Union Quality Plastics’s price movement.