IDFC First Bank technical analysis

According to the latest Pivot data, IDFC First 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 ₹83.81, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹85.37, ₹87.75, and ₹89.31, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹81.43, ₹79.87, and ₹77.49, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in IDFC First Bank’s price movement.