Cosmo Ferrites technical analysis

According to the latest Pivot data, Cosmo Ferrites’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 ₹280.08, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹285.16, ₹292.03, and ₹297.11, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹273.21, ₹268.13, and ₹261.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Cosmo Ferrites’s price movement.