Hindustan Oil Exploration Company technical analysis

According to the latest Pivot data, Hindustan Oil Exploration Company’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 ₹168.92, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹172.48, ₹177.35, and ₹180.91, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹164.05, ₹160.49, and ₹155.62, 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 Oil Exploration Company’s price movement.