Sterlite Technologies technical analysis

According to the latest Pivot data, Sterlite Technologies’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 ₹108.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹112.83, ₹118.64, and ₹123, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹102.66, ₹98.3, and ₹92.49, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Sterlite Technologies’s price movement.