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 ₹94.17, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹94.34, ₹94.67, and ₹94.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹93.84, ₹93.67, and ₹93.34, 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.