City Union Bank technical analysis

According to the latest Pivot data, City Union Bank’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 ₹237.3, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹244.64, ₹248.78, and ₹256.12, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹233.16, ₹225.82, and ₹221.68, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in City Union Bank’s price movement.