Shyam Century Ferrous technical analysis

According to the latest Pivot data, Shyam Century Ferrous’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 ₹7.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹7.38, ₹7.48, and ₹7.53, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹7.23, ₹7.18, and ₹7.08, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Shyam Century Ferrous’s price movement.