Zenith Drugs technical analysis

According to the latest Pivot data, Zenith Drugs’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 ₹50.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹51.65, ₹52.45, and ₹53.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹49.4, ₹47.95, and ₹47.15, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Zenith Drugs’s price movement.