Transformers & Rectifiers (India) technical analysis

According to the latest Pivot data, Transformers & Rectifiers (India)’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 ₹478.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹486.16, ₹498.33, and ₹505.91, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹466.41, ₹458.83, and ₹446.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Transformers & Rectifiers (India)’s price movement.