Fredun Pharmaceuticals technical analysis

According to the latest Pivot data, Fredun 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 ₹1680.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1725.66, ₹1773.23, and ₹1818.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1632.76, ₹1587.43, and ₹1539.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Fredun Pharmaceuticals’s price movement.