Mirae Asset Nifty India Manufacturing ETF technical analysis

According to the latest Pivot data, Mirae Asset Nifty India Manufacturing 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 ₹163, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹163.79, ₹164.29, and ₹165.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹162.5, ₹161.71, and ₹161.21, 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 India Manufacturing ETF’s price movement.