SBI NIFTY 1D Rate ETF technical analysis

According to the latest Pivot data, SBI NIFTY 1D Rate 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 ₹1000, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1000.01, ₹1000.02, and ₹1000.03, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹999.99, ₹999.98, and ₹999.97, 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 NIFTY 1D Rate ETF’s price movement.