HFCL technical analysis

According to the latest Pivot data, HFCL’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 ₹220, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹225.89, ₹233.89, and ₹239.78, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹212, ₹206.11, and ₹198.11, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in HFCL’s price movement.