ICICI Prudential Nifty 100 ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty 100 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 ₹28.27, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹28.5, ₹28.77, and ₹29, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹28, ₹27.77, and ₹27.5, 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 Nifty 100 ETF’s price movement.