ICICI Prudential Nifty Auto ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty Auto 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 ₹26.07, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹26.33, ₹26.82, and ₹27.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹25.58, ₹25.32, and ₹24.83, 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 Auto ETF’s price movement.