Axis Nifty 50 ETF technical analysis

According to the latest Pivot data, Axis Nifty 50 ETF’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 ₹270.76, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹271.45, ₹272.26, and ₹272.95, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹269.95, ₹269.26, and ₹268.45, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Axis Nifty 50 ETF’s price movement.