Kothari Petrochemicals technical analysis

According to the latest Pivot data, Kothari Petrochemicals’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 ₹108.42, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹111.41, ₹113.97, and ₹116.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹105.86, ₹102.87, and ₹100.31, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kothari Petrochemicals’s price movement.