SP Refractories technical analysis

According to the latest Pivot data, SP Refractories’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 ₹99.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹104.74, ₹107.52, and ₹113.09, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹96.39, ₹90.82, and ₹88.04, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SP Refractories’s price movement.