HBL Engineering technical analysis

According to the latest Pivot data, HBL Engineering’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 ₹568.72, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹579.14, ₹594.72, and ₹605.14, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹553.14, ₹542.72, and ₹527.14, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in HBL Engineering’s price movement.