Hi-Tech Pipes technical analysis

According to the latest Pivot data, Hi-Tech Pipes’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 ₹97.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹98.78, ₹100.77, and ₹102.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹95.48, ₹94.17, and ₹92.18, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Hi-Tech Pipes’s price movement.