CHL technical analysis

According to the latest Pivot data, CHL’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 ₹33.46, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹33.48, ₹33.52, and ₹33.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹33.42, ₹33.4, and ₹33.36, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in CHL’s price movement.