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 ₹134.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹135.93, ₹138.42, and ₹139.85, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹132.01, ₹130.58, and ₹128.09, 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.