ICICI Prudential Nifty Commodities ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty Commodities 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 ₹94.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹95.46, ₹97.06, and ₹98.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹92.62, ₹91.38, and ₹89.78, 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 Commodities ETF’s price movement.