Fonebox Retail technical analysis

According to the latest Pivot data, Fonebox Retail’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 ₹90.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹97.16, ₹100.33, and ₹106.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹87.66, ₹81.33, and ₹78.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Fonebox Retail’s price movement.