HDFC NIFTY Smallcap 250 ETF technical analysis

According to the latest Pivot data, HDFC NIFTY Smallcap 250 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 ₹160.79, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹161.53, ₹162.16, and ₹162.9, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹160.16, ₹159.42, and ₹158.79, 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 Smallcap 250 ETF’s price movement.