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 ₹1283.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1295.04, ₹1311.57, and ₹1323.14, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1266.94, ₹1255.37, and ₹1238.84, 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.