KG Denim technical analysis

According to the latest Pivot data, KG Denim’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 ₹16.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹17.43, ₹18.06, and ₹18.62, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.24, ₹15.68, and ₹15.05, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in KG Denim’s price movement.