ICICI Prudential Nifty 50 ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty 50 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 ₹290.56, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹294.82, ₹302.4, and ₹306.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹282.98, ₹278.72, and ₹271.14, 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 50 ETF’s price movement.