Mirae Asset S&P 500 Top 50 ETF technical analysis

According to the latest Pivot data, Mirae Asset S&P 500 Top 50 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 ₹54.07, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹54.97, ₹55.79, and ₹56.69, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹53.25, ₹52.35, and ₹51.53, 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 S&P 500 Top 50 ETF’s price movement.