HPL Electric & Power technical analysis

According to the latest Pivot data, HPL Electric & Power’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 ₹520.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹530.4, ₹546.1, and ₹556.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹504.5, ₹494.3, and ₹478.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in HPL Electric & Power’s price movement.