HDFC NIFTY 100 ETF technical analysis

According to the latest Pivot data, HDFC NIFTY 100 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 ₹27.03, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹27.31, ₹27.72, and ₹28, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹26.62, ₹26.34, and ₹25.93, 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 NIFTY 100 ETF’s price movement.