HDFC NIFTY200 Momentum 30 ETF technical analysis

According to the latest Pivot data, HDFC NIFTY200 Momentum 30 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 ₹31.71, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹31.98, ₹32.2, and ₹32.47, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹31.49, ₹31.22, and ₹31, 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 NIFTY200 Momentum 30 ETF’s price movement.