Kanoria Energy & Infrastructure technical analysis

According to the latest Pivot data, Kanoria Energy & Infrastructure’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 ₹16.55, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16.8, ₹17.22, and ₹17.47, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.13, ₹15.88, and ₹15.46, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kanoria Energy & Infrastructure’s price movement.