Panacea Biotec Resistance and Support
Pivot 391.7
Time Period:
Resistance
First Resistance
395.95
Second Resistance
403.25
Third Resistance
407.5
Support
First Support
384.4
Second Support
380.15
Third Support
372.85
Panacea Biotec Resistance and Support Summary
According to the latest Pivot data, Panacea 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 ₹391.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹395.95, ₹403.25, and ₹407.5, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹384.4, ₹380.15, and ₹372.85, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Panacea Biotec’s price movement.
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