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 ₹541.42, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹562.84, ₹576.42, and ₹597.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹527.84, ₹506.42, and ₹492.84, 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.