Nippon India ETF Nifty 50 BeES technical analysis

According to the latest Pivot data, Nippon India ETF Nifty 50 BeES’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 ₹276.36, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹281.44, ₹284.97, and ₹290.05, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹272.83, ₹267.75, and ₹264.22, 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 Nifty 50 BeES’s price movement.