Samrat Forgings technical analysis

According to the latest Pivot data, Samrat Forgings’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 ₹278.45, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹280.9, ₹284.45, and ₹286.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹274.9, ₹272.45, and ₹268.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Samrat Forgings’s price movement.