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 ₹62.46, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹62.55, ₹62.68, and ₹62.77, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹62.33, ₹62.24, and ₹62.11, 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.