Praxis Home Retail technical analysis

According to the latest Pivot data, Praxis Home Retail’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 ₹7.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹7.46, ₹7.71, and ₹7.94, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹6.98, ₹6.75, and ₹6.5, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Praxis Home Retail’s price movement.