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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