SBI-ETF Nifty Bank technical analysis

According to the latest Pivot data, SBI-ETF Nifty 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 ₹629.38, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹638.26, ₹654.99, and ₹663.87, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹612.65, ₹603.77, and ₹587.04, 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 Nifty Bank’s price movement.