Uttam Sugar Mills technical analysis

According to the latest Pivot data, Uttam Sugar Mills’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 ₹234.68, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹237.12, ₹241.14, and ₹243.58, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹230.66, ₹228.22, and ₹224.2, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Uttam Sugar Mills’s price movement.