DSP Nifty IT ETF technical analysis

According to the latest Pivot data, DSP Nifty IT 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 ₹40.05, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹40.24, ₹40.39, and ₹40.58, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹39.9, ₹39.71, and ₹39.56, 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 IT ETF’s price movement.