Swadeshi Polytex technical analysis

According to the latest Pivot data, Swadeshi Polytex’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 ₹70.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹70.84, ₹70.86, and ₹70.87, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹70.81, ₹70.8, and ₹70.78, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Swadeshi Polytex’s price movement.