Patanjali Foods technical analysis

According to the latest Pivot data, Patanjali Foods’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 ₹1642.53, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1664.06, ₹1692.53, and ₹1714.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1614.06, ₹1592.53, and ₹1564.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Patanjali Foods’s price movement.