SKF India technical analysis

According to the latest Pivot data, SKF India’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 ₹4586.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹4620.5, ₹4667.8, and ₹4701.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹4539.4, ₹4505.6, and ₹4458.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SKF India’s price movement.