HDFC S&P BSE 500 ETF technical analysis

According to the latest Pivot data, HDFC S&P BSE 500 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 ₹37.29, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹37.95, ₹38.35, and ₹39.01, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹36.89, ₹36.23, and ₹35.83, 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 S&P BSE 500 ETF’s price movement.