Oswal Yarns technical analysis

According to the latest Pivot data, Oswal Yarns’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 ₹18.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹18.7, ₹19.41, and ₹19.76, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.64, ₹17.29, and ₹16.58, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Oswal Yarns’s price movement.