Panama Petrochem technical analysis

According to the latest Pivot data, Panama Petrochem’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 ₹280.87, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹283.94, ₹286.62, and ₹289.69, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹278.19, ₹275.12, and ₹272.44, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Panama Petrochem’s price movement.