Naman Industries Proxima technical analysis

According to the latest Pivot data, Naman Industries Proxima’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 ₹57.75, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹58, ₹58.5, and ₹58.75, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹57.25, ₹57, and ₹56.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Naman Industries Proxima’s price movement.