Hindustan Appliances technical analysis

According to the latest Pivot data, Hindustan Appliances’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 ₹104.8, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹109.55, ₹113.55, and ₹118.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹100.8, ₹96.05, and ₹92.05, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Hindustan Appliances’s price movement.