Mirae Asset Nifty PSU Bank ETF technical analysis

According to the latest Pivot data, Mirae Asset Nifty PSU 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 ₹85.63, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹86.23, ₹86.85, and ₹87.45, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹85.01, ₹84.41, and ₹83.79, 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 PSU Bank ETF’s price movement.