HDFC Bank technical analysis

According to the latest Pivot data, HDFC Bank’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 ₹1935.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1946.2, ₹1957.1, and ₹1967.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1925, ₹1914.7, and ₹1903.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in HDFC Bank’s price movement.