ITC Hotels technical analysis

According to the latest Pivot data, ITC Hotels’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 ₹166.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹169, ₹170.67, and ₹172.84, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹165.16, ₹162.99, and ₹161.32, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in ITC Hotels’s price movement.