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 ₹7.64, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹7.87, ₹8.32, and ₹8.55, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹7.19, ₹6.96, and ₹6.51, 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.