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 ₹58.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹62.25, ₹67.05, and ₹70.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹53.9, ₹50.35, and ₹45.55, 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.