Panjon technical analysis

According to the latest Pivot data, Panjon’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 ₹23.76, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹24.46, ₹25.15, and ₹25.85, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹23.07, ₹22.37, and ₹21.68, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Panjon’s price movement.