Adani Power technical analysis

According to the latest Pivot data, Adani 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 ₹542.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹552.66, ₹568.83, and ₹578.91, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹526.41, ₹516.33, and ₹500.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Adani Power’s price movement.