CJ Gelatine Products technical analysis

According to the latest Pivot data, CJ Gelatine Products’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 ₹16.34, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16.67, ₹16.83, and ₹17.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.18, ₹15.85, and ₹15.69, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in CJ Gelatine Products’s price movement.