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 ₹2446.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2466.96, ₹2495.93, and ₹2516.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2417.06, ₹2396.13, and ₹2367.16, 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.