ICICI Prudential Nifty200 Value 30 ETF technical analysis

According to the latest Pivot data, ICICI Prudential Nifty200 Value 30 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 ₹16.18, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹16.26, ₹16.34, and ₹16.42, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹16.1, ₹16.02, and ₹15.94, 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 Nifty200 Value 30 ETF’s price movement.