Paragon Finance technical analysis

According to the latest Pivot data, Paragon Finance’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 ₹49.64, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹54.28, ₹57.07, and ₹61.71, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹46.85, ₹42.21, and ₹39.42, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Paragon Finance’s price movement.