Nippon India ETF Nifty 50 Shariah BeES technical analysis

According to the latest Pivot data, Nippon India ETF Nifty 50 Shariah 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 ₹508.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹511.44, ₹515.22, and ₹518.44, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹504.44, ₹501.22, and ₹497.44, 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 Shariah BeES’s price movement.