NMDC Steel Resistance and Support
Pivot 41.66
Time Period:
Resistance
First Resistance
42.07
Second Resistance
42.56
Third Resistance
42.97
Support
First Support
41.17
Second Support
40.76
Third Support
40.27
NMDC Steel Resistance and Support Summary
According to the latest Pivot data, NMDC Steel’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 ₹41.66, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹42.07, ₹42.56, and ₹42.97, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹41.17, ₹40.76, and ₹40.27, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in NMDC Steel’s price movement.
