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 ₹255.67, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹256.34, ₹256.67, and ₹257.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹255.34, ₹254.67, and ₹254.34, 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.