Continental Petroleums technical analysis

According to the latest Pivot data, Continental Petroleums’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 ₹101.06, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹102.12, ₹102.94, and ₹104, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹100.24, ₹99.18, and ₹98.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Continental Petroleums’s price movement.