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 ₹80.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹81.9, ₹84.25, and ₹85.65, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹78.15, ₹76.75, and ₹74.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Groww Nifty India Defence ETF’s price movement.