Kay Power and Paper technical analysis

According to the latest Pivot data, Kay Power and Paper’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 ₹8.29, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹8.53, ₹8.94, and ₹9.18, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹7.88, ₹7.64, and ₹7.23, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kay Power and Paper’s price movement.