SBEC Sugar technical analysis

According to the latest Pivot data, SBEC Sugar’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 ₹58.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹59.71, ₹60.11, and ₹60.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹58.52, ₹57.73, and ₹57.33, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SBEC Sugar’s price movement.