SM Auto Stamping technical analysis

According to the latest Pivot data, SM Auto Stamping’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 ₹29.91, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹30.02, ₹30.24, and ₹30.35, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹29.69, ₹29.58, and ₹29.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SM Auto Stamping’s price movement.