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 ₹2631.02, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2662.04, ₹2689.02, and ₹2720.04, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2604.04, ₹2573.02, and ₹2546.04, 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.