NIBE technical analysis

According to the latest Pivot data, NIBE’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 ₹1002.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1015.4, ₹1032.7, and ₹1045.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹985.4, ₹972.7, and ₹955.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in NIBE’s price movement.