Central Bank Of India technical analysis

According to the latest Pivot data, Central Bank Of India’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 ₹37.11, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹37.85, ₹39.04, and ₹39.78, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹35.92, ₹35.18, and ₹33.99, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Central Bank Of India’s price movement.