Tata Nifty 50 Exchange Traded Fund technical analysis

According to the latest Pivot data, Tata Nifty 50 Exchange Traded Fund’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 ₹266.57, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹268.04, ₹269.96, and ₹271.43, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹264.65, ₹263.18, and ₹261.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Tata Nifty 50 Exchange Traded Fund’s price movement.