Rama Steel Tubes technical analysis

According to the latest Pivot data, Rama Steel Tubes’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 ₹12.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹12.44, ₹12.77, and ₹12.98, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹11.9, ₹11.69, and ₹11.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Rama Steel Tubes’s price movement.