Nippon India ETF Long Term Gilt technical analysis

According to the latest Pivot data, Nippon India ETF Long Term 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 ₹29.49, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.68, ₹30, and ₹30.19, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹29.17, ₹28.98, and ₹28.66, 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 Long Term Gilt’s price movement.