Padam Cotton Yarns technical analysis

According to the latest Pivot data, Padam Cotton 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 ₹41.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹41.65, ₹42.45, and ₹42.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹40.4, ₹39.95, and ₹39.15, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Padam Cotton Yarns’s price movement.