Coffee Day Enterprises technical analysis

According to the latest Pivot data, Coffee Day Enterprises’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 ₹32.19, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹32.88, ₹34.09, and ₹34.78, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹30.98, ₹30.29, and ₹29.08, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Coffee Day Enterprises’s price movement.