Balaxi Pharmaceuticals technical analysis

According to the latest Pivot data, Balaxi Pharmaceuticals’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 ₹49.49, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹50.25, ₹51.11, and ₹51.87, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹48.63, ₹47.87, and ₹47.01, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Balaxi Pharmaceuticals’s price movement.