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 ₹42.04, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹42.28, ₹42.65, and ₹42.89, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹41.67, ₹41.43, and ₹41.06, 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.