Sona BLW Precision Forgings technical analysis

According to the latest Pivot data, Sona BLW Precision Forgings’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 ₹533, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹540.65, ₹553.25, and ₹560.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹520.4, ₹512.75, and ₹500.15, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sona BLW Precision Forgings’s price movement.