Katare Spinning Mills technical analysis

According to the latest Pivot data, Katare 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 ₹98.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹101.66, ₹103.33, and ₹106.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹96.66, ₹93.33, and ₹91.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Katare Spinning Mills’s price movement.