SHAKTIPUMP 1 Day Time Frame

320
📌 Current Daily Pivot & Price Levels (1D Timeframe)

🔁 Pivot Reference
Daily Pivot: ~₹716.9
(central reference for intraday sentiment)

📈 Resistance Levels (Upside)
1. R1: ~₹727.8 – first resistance zone on the daily frame
2. R2: ~₹745.5 – next resistance above recent reaction highs
3. R3: ~₹756.4 – extended resistance zone for bullish continuation

Key Points:
Breaking above R2 ~₹745–₹756 with good volume suggests strength and continuation.
Above ₹756, focus shifts to higher intra‑week levels.

📉 Support Levels (Downside)
1. S1: ~₹699.2 – immediate support area (near last session lows)
2. S2: ~₹688.3 – deeper support zone on daily correction
3. S3: ~₹670.6 – broader lower support and psychological floor for daily timeframe

Key Points:
Holding S1 ~₹699 on a daily close suggests range stability.
A break below S2 ~₹688 may confirm short‑term bearish momentum.

🧠 How to Use These Levels (1D)

Bullish view (trend reversal):
Daily close above ₹745–₹756 opens focus to higher resistance and possible recovery.

Neutral / Range trading:
Trade within ₹699–₹756 zone with intraday confirmations.

Bearish view (downside continuation):
Break & close below ₹688 suggests deeper correction toward ₹670 or lower.

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