TECHM 1 Day Time Frame

📍 Latest Price Range (Today on NSE):
• Low ~ ₹1,600 and High ~ ₹1,681 (intraday range) from current data today.

🔁 Key Levels for 1‑Day Timeframe

Immediate Resistance Levels
These are zones where price may face selling pressure if it rises:
R1: ~ ₹1,700 – ₹1,702
R2: ~ ₹1,731 – ₹1,732
R3: ~ ₹1,781 – ₹1,782

Pivot
Daily Pivot Point: ~ ₹1,659 – ₹1,660 (indicative mid‑point of the current range)

Support Levels
These are zones where price may find demand on declines:
S1: ~ ₹1,620 – ₹1,621
S2: ~ ₹1,569 – ₹1,570
S3: ~ ₹1,539 – ₹1,540

📊 Technical Indicators Snapshot
(Not direct price levels, but useful context on daily price behavior)

Moving averages (20/50/100/200) are in the ~₹1,530‑₹1,590 range, offering dynamic support/resistance clusters.

RSI & momentum oscillators on some indicators show mixed to neutral momentum on daily charts — suggesting a range‑bound bias unless there’s a breakout.

📌 How Traders Use These Levels
Bullish scenario: A sustained close above ₹1,700 could open upside to ₹1,730/₹1,780.
Bearish scenario: Breakdown below ₹1,620 and ₹1,570 may head toward ₹1,540 support.
Pivot area (~₹1,660) acts as a short‑term balance zone: above it favors buyers, below it favors sellers.