Tamil Nadu Newsprint & Papers technical analysis

According to the latest Pivot data, Tamil Nadu Newsprint & Papers’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 ₹153.99, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹156.73, ₹160.74, and ₹163.48, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹149.98, ₹147.24, and ₹143.23, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Tamil Nadu Newsprint & Papers’s price movement.