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 ₹191.77, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹201.27, ₹211.45, and ₹220.95, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹181.59, ₹172.09, and ₹161.91, 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.