DSP Nifty Midcap 150 Quality 50 ETF technical analysis

According to the latest Pivot data, DSP Nifty Midcap 150 Quality 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 ₹248.75, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹250.6, ₹253.78, and ₹255.63, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹245.57, ₹243.72, and ₹240.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in DSP Nifty Midcap 150 Quality 50 ETF’s price movement.