HDFC Nifty PSU Bank ETF technical analysis

According to the latest Pivot data, HDFC Nifty PSU 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 ₹87.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹88.9, ₹91.82, and ₹93.37, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹84.43, ₹82.88, and ₹79.96, 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 PSU Bank ETF’s price movement.