HBG Hotels technical analysis

According to the latest Pivot data, HBG 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 ₹237.52, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹242.44, ₹249.87, and ₹254.79, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹230.09, ₹225.17, and ₹217.74, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in HBG Hotels’s price movement.