Axis Nifty Bank ETF technical analysis

According to the latest Pivot data, Axis Nifty Bank 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 ₹631.73, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹640.5, ₹656.59, and ₹665.36, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹615.64, ₹606.87, and ₹590.78, 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 Bank ETF’s price movement.