HDFC BSE 500 ETF technical analysis

According to the latest Pivot data, HDFC BSE 500 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 ₹35.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹36.02, ₹36.9, and ₹37.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹34.5, ₹33.86, and ₹32.98, 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 BSE 500 ETF’s price movement.