Groww Nifty India Defence ETF technical analysis

According to the latest Pivot data, Groww Nifty India Defence 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 ₹93.4, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹94.13, ₹94.73, and ₹95.46, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹92.8, ₹92.07, and ₹91.47, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Groww Nifty India Defence ETF’s price movement.