Cedaar Textile technical analysis

According to the latest Pivot data, Cedaar Textile’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 ₹36.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹38.14, ₹40.57, and ₹42.14, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹34.14, ₹32.57, and ₹30.14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Cedaar Textile’s price movement.