Chalet Hotels technical analysis

According to the latest Pivot data, Chalet 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 ₹893.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹904.54, ₹919.62, and ₹930.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹878.84, ₹868.22, and ₹853.14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Chalet Hotels’s price movement.