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 ₹28.02, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹28.38, ₹28.76, and ₹29.12, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹27.64, ₹27.28, and ₹26.9, 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.