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 ₹53.04, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹55.42, ₹59.37, and ₹61.75, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹49.09, ₹46.71, and ₹42.76, 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.