Andhra Paper technical analysis

According to the latest Pivot data, Andhra Paper’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 ₹67.95, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹69.16, ₹70.06, and ₹71.27, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹67.05, ₹65.84, and ₹64.94, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Andhra Paper’s price movement.