CWD technical analysis

According to the latest Pivot data, CWD’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 ₹1157.68, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1205.36, ₹1235.68, and ₹1283.36, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1127.36, ₹1079.68, and ₹1049.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in CWD’s price movement.