GMR Power and Urban Infra technical analysis

According to the latest Pivot data, GMR Power and Urban Infra’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 ₹112.84, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹114, ₹115.87, and ₹117.03, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹110.97, ₹109.81, and ₹107.94, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in GMR Power and Urban Infra’s price movement.