Key levels for Steelcast (STEELCAS)
📌 Resistance: ~ ₹223.7 (1st) and ~ ₹227.3 (2nd)
📌 Support: ~ ₹216.9 (1st) and ~ ₹213.7 (2nd)
📌 Pivot / reference price: ~ ₹220.5
Context / what this means
The stock opened around ₹221, traded between ₹221‑₹224.6 today.
As long as price stays above support (~₹216.9), the near‑term bias remains mildly positive; a move above resistance (~₹223.7–₹227.3) could bring some upside — possibly re‑testing recent upper range (near 52‑week high zone).
A break below support may push it toward lower support zone around ₹213–₹210.
📌 Resistance: ~ ₹223.7 (1st) and ~ ₹227.3 (2nd)
📌 Support: ~ ₹216.9 (1st) and ~ ₹213.7 (2nd)
📌 Pivot / reference price: ~ ₹220.5
Context / what this means
The stock opened around ₹221, traded between ₹221‑₹224.6 today.
As long as price stays above support (~₹216.9), the near‑term bias remains mildly positive; a move above resistance (~₹223.7–₹227.3) could bring some upside — possibly re‑testing recent upper range (near 52‑week high zone).
A break below support may push it toward lower support zone around ₹213–₹210.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.