Promax Power technical analysis

According to the latest Pivot data, Promax Power’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 ₹17.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹17.4, ₹17.5, and ₹17.7, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.1, ₹16.9, and ₹16.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Promax Power’s price movement.