NTPC technical analysis

According to the latest Pivot data, NTPC’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 ₹382.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹391.39, ₹396.52, and ₹405.04, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹377.74, ₹369.22, and ₹364.09, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in NTPC’s price movement.