LIC MF Nifty Midcap 100 ETF technical analysis

According to the latest Pivot data, LIC MF Nifty Midcap 100 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 ₹61.8, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹62.16, ₹62.65, and ₹63.01, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹61.31, ₹60.95, and ₹60.46, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in LIC MF Nifty Midcap 100 ETF’s price movement.