Honasa Consumer technical analysis

According to the latest Pivot data, Honasa Consumer’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 ₹306.13, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹308.66, ₹311.33, and ₹313.86, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹303.46, ₹300.93, and ₹298.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Honasa Consumer’s price movement.