Indian Metals & Ferro Alloys technical analysis

According to the latest Pivot data, Indian Metals & Ferro Alloys’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 ₹719.53, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹732.86, ₹748.33, and ₹761.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹704.06, ₹690.73, and ₹675.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Indian Metals & Ferro Alloys’s price movement.