Surat Trade and Mercantile technical analysis

According to the latest Pivot data, Surat Trade and Mercantile’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 ₹3.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹3.54, ₹3.67, and ₹3.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹3.22, ₹3.03, and ₹2.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Surat Trade and Mercantile’s price movement.