Venlon Enterprises technical analysis

According to the latest Pivot data, Venlon Enterprises’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 ₹5.55, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹5.6, ₹5.7, and ₹5.75, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5.45, ₹5.4, and ₹5.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Venlon Enterprises’s price movement.