DSP Nifty Bank ETF technical analysis

According to the latest Pivot data, DSP Nifty Bank ETF’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 ₹56.49, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹56.76, ₹57.22, and ₹57.49, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹56.03, ₹55.76, and ₹55.3, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in DSP Nifty Bank ETF’s price movement.