ICICI Prudential BSE Midcap Select ETF technical analysis

According to the latest Pivot data, ICICI Prudential BSE Midcap Select 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 ₹17.32, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹17.62, ₹17.88, and ₹18.18, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹17.06, ₹16.76, and ₹16.5, 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 Midcap Select ETF’s price movement.