Zydus Wellness technical analysis

According to the latest Pivot data, Zydus Wellness’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 ₹400.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹404.2, ₹408.1, and ₹411.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹396.8, ₹393.3, and ₹389.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Zydus Wellness’s price movement.