NMDC Steel Resistance and Support
Pivot 39.4
Time Period:
Resistance
First Resistance
39.92
Second Resistance
40.61
Third Resistance
41.13
Support
First Support
38.71
Second Support
38.19
Third Support
37.5
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 ₹39.4, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹39.92, ₹40.61, and ₹41.13, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹38.71, ₹38.19, and ₹37.5, 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.
