Parnax Lab technical analysis

According to the latest Pivot data, Parnax Lab’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 ₹124.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹125.8, ₹128.9, and ₹130.55, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹121.05, ₹119.4, and ₹116.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Parnax Lab’s price movement.