Spunweb Nonwoven technical analysis

According to the latest Pivot data, Spunweb Nonwoven’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 ₹119.77, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹120.54, ₹121.27, and ₹122.04, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹119.04, ₹118.27, and ₹117.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Spunweb Nonwoven’s price movement.