SRF technical analysis

According to the latest Pivot data, SRF’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 ₹3034.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3070.9, ₹3128.6, and ₹3164.8, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2977, ₹2940.8, and ₹2883.1, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SRF’s price movement.