CHL Resistance and Support
Pivot 32.22
Time Period:
Resistance
First Resistance
33.43
Second Resistance
35.16
Third Resistance
36.37
Support
First Support
30.49
Second Support
29.28
Third Support
27.55
CHL Resistance and Support Summary
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 ₹32.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹33.43, ₹35.16, and ₹36.37, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹30.49, ₹29.28, and ₹27.55, 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.
