IDBI Bank technical analysis

According to the latest Pivot data, IDBI Bank’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 ₹90.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹91.48, ₹93.7, and ₹94.95, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹88.01, ₹86.76, and ₹84.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in IDBI Bank’s price movement.