Tata Power Company technical analysis

According to the latest Pivot data, Tata Power Company’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 ₹387.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹391.44, ₹398.32, and ₹402.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹380.34, ₹376.12, and ₹369.24, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Tata Power Company’s price movement.