Shri Hare-Krishna Sponge Iron technical analysis

According to the latest Pivot data, Shri Hare-Krishna Sponge Iron’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 ₹46.4, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹47.55, ₹48.15, and ₹49.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹45.8, ₹44.65, and ₹44.05, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shri Hare-Krishna Sponge Iron’s price movement.