Spectrum Foods technical analysis

According to the latest Pivot data, Spectrum 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 ₹23.8, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹24.48, ₹25.18, and ₹25.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹23.1, ₹22.42, and ₹21.72, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Spectrum Foods’s price movement.