strong support zone for PB Fintech based on the chart
POLICYBZR
₹1,550–₹1,575 can be considered a strong support zone for PB Fintech based on the chart you shared. The rising trendline from the March–April lows has repeatedly connected important higher lows, and the ₹1,550–₹1,575 area lies close to this broader trendline support. The stock is currently around ₹1,765 after correcting from the ₹1,840–₹1,880 region, so this zone would become important if the correction continues. The ₹1,750–₹1,720 area can act as an intermediate support, while ₹1,840–₹1,880 is the immediate resistance zone. A bullish reversal around ₹1,550–₹1,575, particularly with strong volume, would indicate buyers defending the rising trendline; conversely, a decisive daily close below ₹1,550 would weaken the current higher-low structure and could indicate a deeper correction. PB Fintech's recent filings also show continued business expansion, including approval to acquire the remaining 20% of MyLoancare and make it wholly owned.
In one line: PB Fintech is maintaining a rising trendline structure, with ₹1,550–₹1,575 acting as an important long-term demand/support zone.