NMDC Steel Resistance and Support
Pivot 37.1
Time Period:
Resistance
First Resistance
39.26
Second Resistance
41.16
Third Resistance
43.32
Support
First Support
35.2
Second Support
33.04
Third Support
31.14
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 ₹37.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹39.26, ₹41.16, and ₹43.32, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹35.2, ₹33.04, and ₹31.14, 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.
