ICICI Prudential Nifty Next 50 ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty Next 50 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 ₹68.61, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹72.22, ₹75.57, and ₹79.18, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹65.26, ₹61.65, and ₹58.3, 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 Next 50 ETF’s price movement.