Danish Power technical analysis

According to the latest Pivot data, Danish 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 ₹1096.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1144.3, ₹1173.15, and ₹1221.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1067.3, ₹1019.15, and ₹990.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Danish Power’s price movement.