Sambhv Steel Tubes technical analysis

According to the latest Pivot data, Sambhv 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 ₹103.36, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹105.02, ₹107.34, and ₹109, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹101.04, ₹99.38, and ₹97.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sambhv Steel Tubes’s price movement.