Royal Orchid Hotels technical analysis

According to the latest Pivot data, Royal Orchid 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 ₹378.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹384.46, ₹392.23, and ₹398.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹370.26, ₹363.83, and ₹356.06, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Royal Orchid Hotels’s price movement.