Shree Metalloys technical analysis

According to the latest Pivot data, Shree Metalloys’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 ₹38.39, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹41.78, ₹44.27, and ₹47.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹35.9, ₹32.51, and ₹30.02, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shree Metalloys’s price movement.