Mirae Asset Nifty Bank ETF technical analysis

According to the latest Pivot data, Mirae Asset Nifty Bank 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 ₹562.09, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹563.23, ₹565.2, and ₹566.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹560.12, ₹558.98, and ₹557.01, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mirae Asset Nifty Bank ETF’s price movement.