SBI ETF IT technical analysis

According to the latest Pivot data, SBI ETF IT’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 ₹418.93, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹425.18, ₹431.63, and ₹437.88, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹412.48, ₹406.23, and ₹399.78, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in SBI ETF IT’s price movement.