Mirae Asset Nifty500 Multicap 50:25:25 ETF technical analysis

According to the latest Pivot data, Mirae Asset Nifty500 Multicap 50:25:25 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 ₹14.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹14.8, ₹14.97, and ₹15.27, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹14.33, ₹14.03, and ₹13.86, 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 Nifty500 Multicap 50:25:25 ETF’s price movement.