TD Power Systems–Technical Analysis, Support and Reesistance

The stock

remains in a broader bullish trend with a strong rally from around ₹240 to above ₹800. However, the stock has recently corrected sharply from its ₹850–856 high and is trading near ₹735. The latest price action shows weakening short-term momentum, with the stock testing an important support zone. Support & Resistance: Immediate support is around ₹720–730 followed by ₹690–700. On the upside, ₹755–770 is the first resistance zone followed by ₹790–810. Short-Term Buyers & Holders View: Short-term participants can monitor whether the stock holds ₹720–730 and recovers above ₹755–770 with strong volume. A sustained move above this zone could support a recovery toward ₹790–810. A breakdown below ₹720 may extend weakness toward ₹690–700. Holders can watch for a higher low and a recovery above the immediate resistance zone.