HDFC NIFTY Private Bank ETF technical analysis

According to the latest Pivot data, HDFC 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 ₹28.01, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹28.1, ₹28.29, and ₹28.38, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹27.82, ₹27.73, and ₹27.54, 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 Private Bank ETF’s price movement.