Coromandel International technical analysis

According to the latest Pivot data, Coromandel International’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 ₹2314.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2344.34, ₹2384.67, and ₹2414.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2274.34, ₹2244.67, and ₹2204.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Coromandel International’s price movement.