Refex Industries technical analysis

According to the latest Pivot data, Refex Industries’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 ₹248.96, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹258.39, ₹266.38, and ₹275.81, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹240.97, ₹231.54, and ₹223.55, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Refex Industries’s price movement.