Spectrum Electrical Industries technical analysis

According to the latest Pivot data, Spectrum Electrical Industries’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 ₹1541.4, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1590.8, ₹1674.4, and ₹1723.8, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1457.8, ₹1408.4, and ₹1324.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Spectrum Electrical Industries’s price movement.