Shri Venkatesh Refineries technical analysis

According to the latest Pivot data, Shri Venkatesh Refineries’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 ₹244.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹248.4, ₹253.2, and ₹257.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹239.4, ₹235.2, and ₹230.4, 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 Venkatesh Refineries’s price movement.