Jindal Saw technical analysis

According to the latest Pivot data, Jindal Saw’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 ₹232.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹237.12, ₹242.12, and ₹246.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹227.5, ₹222.88, and ₹217.88, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Jindal Saw’s price movement.