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 ₹121.08, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹122.99, ₹124.21, and ₹126.12, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹119.86, ₹117.95, and ₹116.73, 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.