Surani Steel Tubes technical analysis

According to the latest Pivot data, Surani Steel Tubes’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 ₹122.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹130.2, ₹134.2, and ₹142.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹118.2, ₹110.2, and ₹106.2, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Surani Steel Tubes’s price movement.