HDFC Nifty 50 ETF technical analysis

According to the latest Pivot data, HDFC Nifty 50 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 ₹287.11, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹289.52, ₹293.25, and ₹295.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹283.38, ₹280.97, and ₹277.24, 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 50 ETF’s price movement.