SAL Steel technical analysis

According to the latest Pivot data, SAL 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 ₹47.29, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹47.88, ₹49.07, and ₹49.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹46.1, ₹45.51, and ₹44.32, 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 Steel’s price movement.