ICICI Prudential Nifty IT ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty IT 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 ₹35.96, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹36.34, ₹36.96, and ₹37.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹35.34, ₹34.96, and ₹34.34, 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 IT ETF’s price movement.