Paul Merchants technical analysis

According to the latest Pivot data, Paul Merchants’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 ₹766.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹786.86, ₹812.28, and ₹832.56, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹741.16, ₹720.88, and ₹695.46, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Paul Merchants’s price movement.