Kandagiri Spinning Mills technical analysis

According to the latest Pivot data, Kandagiri Spinning Mills’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 ₹39.85, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹40.05, ₹40.4, and ₹40.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹39.5, ₹39.3, and ₹38.95, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kandagiri Spinning Mills’s price movement.