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 ₹3390.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3447.64, ₹3490.17, and ₹3547.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹3347.94, ₹3290.77, and ₹3248.24, 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.