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 ₹65.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹67.3, ₹69.22, and ₹71.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹63.36, ₹61.34, and ₹59.42, 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 Next 50 ETF’s price movement.