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 ₹29.11, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.44, ₹30.09, and ₹30.42, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹28.46, ₹28.13, and ₹27.48, 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.