Nestle India technical analysis

According to the latest Pivot data, Nestle India’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 ₹2323.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2336.46, ₹2354.03, and ₹2367.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2305.66, ₹2292.43, and ₹2274.86, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Nestle India’s price movement.