ICICI Prudential Nifty FMCG ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty FMCG 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 ₹55.77, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹56.64, ₹58.21, and ₹59.08, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹54.2, ₹53.33, and ₹51.76, 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 FMCG ETF’s price movement.