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 ₹122.07, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹122.14, ₹122.27, and ₹122.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹121.94, ₹121.87, and ₹121.74, 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.