Sambandam Spinning Mills technical analysis

According to the latest Pivot data, Sambandam Spinning 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 ₹96.69, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹98.83, ₹103.12, and ₹105.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹92.4, ₹90.26, and ₹85.97, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sambandam Spinning Mills’s price movement.