RBL Bank technical analysis

According to the latest Pivot data, RBL 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 ₹224.15, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹228.69, ₹233.54, and ₹238.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹219.3, ₹214.76, and ₹209.91, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in RBL Bank’s price movement.