Lemon Tree Hotels technical analysis

According to the latest Pivot data, Lemon Tree 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 ₹106.72, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹108.06, ₹108.83, and ₹110.17, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹105.95, ₹104.61, and ₹103.84, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Lemon Tree Hotels’s price movement.