Contil India technical analysis

According to the latest Pivot data, Contil 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 ₹29.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31, ₹33.5, and ₹35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹27, ₹25.5, and ₹23, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Contil India’s price movement.