Mirae Asset Nifty Midcap 150 ETF technical analysis

According to the latest Pivot data, Mirae Asset Nifty Midcap 150 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 ₹22.39, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹22.58, ₹22.88, and ₹23.07, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹22.09, ₹21.9, and ₹21.6, 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 Midcap 150 ETF’s price movement.