Scoda Tubes technical analysis

According to the latest Pivot data, Scoda 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 ₹154.88, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹158.57, ₹162.16, and ₹165.85, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹151.29, ₹147.6, and ₹144.01, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Scoda Tubes’s price movement.