Mirae Asset Nifty IT ETF technical analysis

According to the latest Pivot data, Mirae Asset Nifty IT 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 ₹30.72, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31.01, ₹31.39, and ₹31.68, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹30.34, ₹30.05, and ₹29.67, 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 IT ETF’s price movement.