Davangere Sugar Company technical analysis

According to the latest Pivot data, Davangere Sugar Company’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 ₹3.18, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3.21, ₹3.25, and ₹3.28, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹3.14, ₹3.11, and ₹3.07, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Davangere Sugar Company’s price movement.