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 ₹160.05, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹161.59, ₹162.42, and ₹163.96, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹159.22, ₹157.68, and ₹156.85, 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.