Ponni Sugars (Erode) technical analysis

According to the latest Pivot data, Ponni Sugars (Erode)’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 ₹266.53, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹268.91, ₹272.83, and ₹275.21, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹262.61, ₹260.23, and ₹256.31, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Ponni Sugars (Erode)’s price movement.