Jindal Steel technical analysis

According to the latest Pivot data, Jindal Steel’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 ₹1217.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1228.74, ₹1240.87, and ₹1251.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1205.74, ₹1194.87, and ₹1182.74, 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 Steel’s price movement.