Sal Automotive technical analysis

According to the latest Pivot data, Sal Automotive’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 ₹197.27, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹197.34, ₹197.47, and ₹197.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹197.14, ₹197.07, and ₹196.94, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sal Automotive’s price movement.