DSP Nifty Private Bank ETF technical analysis

According to the latest Pivot data, DSP Nifty Private 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 ₹29.24, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.38, ₹29.52, and ₹29.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹29.1, ₹28.96, and ₹28.82, 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 Private Bank ETF’s price movement.