ICICI Prudential BSE 500 ETF technical analysis

According to the latest Pivot data, ICICI Prudential BSE 500 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 ₹39.58, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹40, ₹40.66, and ₹41.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹38.92, ₹38.5, and ₹37.84, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in ICICI Prudential BSE 500 ETF’s price movement.