Kanishk Steel Industries technical analysis

According to the latest Pivot data, Kanishk Steel Industries’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 ₹46.69, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹47.98, ₹49.29, and ₹50.58, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹45.38, ₹44.09, and ₹42.78, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kanishk Steel Industries’s price movement.