Benares Hotels technical analysis

According to the latest Pivot data, Benares Hotels’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 ₹9520.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹9540.16, ₹9569.63, and ₹9589.21, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹9491.11, ₹9471.53, and ₹9442.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Benares Hotels’s price movement.