Nippon India ETF PSU Bank BEES technical analysis

According to the latest Pivot data, Nippon India ETF PSU Bank 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 ₹106.48, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹107.79, ₹109.76, and ₹111.07, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹104.51, ₹103.2, and ₹101.23, 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 PSU Bank BEES’s price movement.