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 ₹25.86, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹27.7, ₹31.23, and ₹33.07, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹22.33, ₹20.49, and ₹16.96, 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.