Ceat technical analysis

According to the latest Pivot data, Ceat’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 ₹3313.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3338.24, ₹3381.17, and ₹3405.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹3270.74, ₹3246.17, and ₹3203.24, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Ceat’s price movement.