Nippon Life India Asset Management technical analysis

According to the latest Pivot data, Nippon Life India Asset Management’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 ₹741.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹752.44, ₹770.12, and ₹781.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹723.54, ₹712.32, and ₹694.64, 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 Life India Asset Management’s price movement.