Paramount Communications Resistance and Support
Pivot 64
Time Period:
Resistance
First Resistance
65.36
Second Resistance
66.56
Third Resistance
67.92
Support
First Support
62.8
Second Support
61.44
Third Support
60.24
Paramount Communications Resistance and Support Summary
According to the latest Pivot data, Paramount Communications’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 ₹64, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹65.36, ₹66.56, and ₹67.92, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹62.8, ₹61.44, and ₹60.24, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Paramount Communications’s price movement.
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