Rathi Steel & Power technical analysis

According to the latest Pivot data, Rathi Steel & Power’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 ₹22.01, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹22.32, ₹22.75, and ₹23.06, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹21.58, ₹21.27, and ₹20.84, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Rathi Steel & Power’s price movement.