Nippon India ETF 5 Year Gilt technical analysis

According to the latest Pivot data, Nippon India ETF 5 Year Gilt’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 ₹64.44, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹64.63, ₹64.79, and ₹64.98, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹64.28, ₹64.09, and ₹63.93, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Nippon India ETF 5 Year Gilt’s price movement.