Nitco technical analysis

According to the latest Pivot data, Nitco’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 ₹106.37, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹110.14, ₹112.77, and ₹116.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹103.74, ₹99.97, and ₹97.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Nitco’s price movement.