Prakash Woollen & Synthetic Mills technical analysis

According to the latest Pivot data, Prakash Woollen & Synthetic Mills’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 ₹19.14, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹20.34, ₹20.99, and ₹22.19, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹18.49, ₹17.29, and ₹16.64, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Prakash Woollen & Synthetic Mills’s price movement.