Veljan Denison technical analysis

According to the latest Pivot data, Veljan Denison’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 ₹1222.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1239.8, ₹1266, and ₹1282.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1196.7, ₹1179.8, and ₹1153.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Veljan Denison’s price movement.