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 ₹240.64, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹242.69, ₹245.9, and ₹247.95, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹237.43, ₹235.38, and ₹232.17, 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.