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 ₹166.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹170.34, ₹172.17, and ₹175.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹164.84, ₹161.17, and ₹159.34, 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.