Onyx Biotec technical analysis

According to the latest Pivot data, Onyx Biotec’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 ₹48.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹51.5, ₹53, and ₹55.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹47.4, ₹44.8, and ₹43.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Onyx Biotec’s price movement.