Axis NIFTY IT ETF technical analysis

According to the latest Pivot data, Axis NIFTY IT 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 ₹322.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹323.44, ₹325.12, and ₹326.46, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹320.42, ₹319.08, and ₹317.4, 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 IT ETF’s price movement.