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 ₹123.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹124.66, ₹127.28, and ₹128.61, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹120.71, ₹119.38, and ₹116.76, 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.