SBI-ETF Nifty Next 50 technical analysis

According to the latest Pivot data, SBI-ETF Nifty Next 50’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 ₹740.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹747.8, ₹758.58, and ₹765.48, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹730.12, ₹723.22, and ₹712.44, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SBI-ETF Nifty Next 50’s price movement.