Hindustan Motors technical analysis

According to the latest Pivot data, Hindustan Motors’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 ₹29.68, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹30.19, ₹31.21, and ₹31.72, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹28.66, ₹28.15, and ₹27.13, 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 Motors’s price movement.