ICICI Prudential Nifty Midcap 150 ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty Midcap 150 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 ₹22.84, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹22.96, ₹23.11, and ₹23.23, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹22.69, ₹22.57, and ₹22.42, 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 Midcap 150 ETF’s price movement.