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 ₹20.65, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹20.92, ₹21.27, and ₹21.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹20.3, ₹20.03, and ₹19.68, 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.