CHL Resistance and Support
Pivot 27.9
Time Period:
Resistance
First Resistance
29.13
Second Resistance
31.22
Third Resistance
32.45
Support
First Support
25.81
Second Support
24.58
Third Support
22.49
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 ₹27.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.13, ₹31.22, and ₹32.45, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹25.81, ₹24.58, and ₹22.49, 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.
