Pricol – Technical Analysis, Support and Resistance

The stock

has shown a recovery from the ₹610–620 zone after correcting sharply from its recent high near ₹820. The stock closed at ₹676.60 up 1.68% and is attempting to regain momentum. However it is approaching an important resistance area around ₹680–700 where selling pressure may emerge. Support & Resistance: Immediate support is around ₹660–650. Below this the next support zone is ₹630–615. On the upside, ₹680–700 is the immediate resistance zone followed by ₹720–740. Short-Term Buyers & Holders View: Fresh buying may be considered after a sustained close above ₹700 with strong volume. This could improve the chances of a move towards ₹720–740. Existing holders should monitor the ₹650 support zone as a breakdown may weaken the recovery.